Latvia - Labour Cost Per Employee FTE of Construction Services
Since 2014, Latvia Labour Cost Per Employee FTE of Construction Services jumped by 4.9% year on year. In 2019, the country was ranked number 27 comparing other countries in Labour Cost Per Employee FTE of Construction Services at €12.3 Thousand. Latvia is overtaken by Greece, which was ranked number 26 with €12.5 Thousand and is followed by Hungary with €10.3 Thousand. Norway ranked the highest with €74.1 Thousand in 2019, that is a fall of 0.3% compared to 2018. Switzerland, Iceland and Denmark respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +12.6% per year, while Greece recorded the worst performance at -2.4% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 12.30 |
| 2018 | 12.50 |
| 2017 | 10.50 |
| 2016 | 11.50 |
| 2015 | 10.50 |
Download all data from 2008 to 2019
How does Latvia rank in Labour Cost Per Employee FTE of Construction Services?
| # | 32 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Norway
|
74.10 | 2019 | -0.3 % | +0.4 % | View data | |
| 2 |
#2
Switzerland
|
72.30 | 2019 | +2.7 % | +2.5 % | View data | |
| 26 |
#26
Greece
|
12.50 | 2019 | +1.6 % | -2.4 % | View data | |
| 27 |
#27
Latvia
|
12.30 | 2019 | -1.6 % | +4.9 % | View data | |
| 28 |
#28
Hungary
|
10.30 | 2019 | +1.0 % | +3.7 % | View data | |