Cost per employee and growth rate of construction labor costs in Spain 2010-2023

Published by
Fernando de Querol Cumbrera,
Jun 14, 2024

Construction wages and salaries in Spain increased by over five percent in 2023. According to the latest figures, the annual labor costs amounted to roughly 36,180 euros per employee in 2021. However, labor costs increased in 2022 and 2023. In 2021, Norway was one of the countries with the highest construction labor costs in Europe.

Labor costs per employee and year-to-year growth rate of wages and salaries in the construction industry in Spain from 2010 to 2023

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Release date

June 2024

Region

Spain

Survey time period

2010 to 2023

Special properties

Labor cost figures in thousands of euros are for full-time equivalent employees from 2021 onwards.

Supplementary notes

The personnel costs per employee from 2010 to 2020 were directly obtained from Eurostat, while the figures for 2021 were obtained from another table in Eurostat. The year-over-year growth rate was calculated using the quarterly cost index figures. That last indicator was calculated by averaging the quarterly data and calculating the annual growth rate.

The time series of the cost per employee was broken in 2018 and 2021, while the figures for the quarterly cost index were provisional.

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