Location Asset: Unit Labour Costs

Brandenburg is a powerful part of the German Capital Region. The renowned businesses with facilities here offer excellent career prospects and fair wages. Yet unit labor costs in Brandenburg are less than the national average (source: Amt für Statistik Berlin-Brandenburg, 2018). Investors in Brandenburg thus enjoy excellent value for money.

Eastern Germany achieves a good productivity compared to the new EU member states in Central and Eastern Europe. In Eastern Germany, labor costs in recent years, increased only moderately. Conversely, labour cost continuously increased significantly in several Central and Eastern European countries while productivity growth remained behind that of Eastern Germany.

Unit Labour Cost Developments in Europe 2010 - 2018

Unit labour costs, defined as per capita remuneration of an employee relative to the overall economic productivity (GDP per employee), on the basis of the respective national currency.