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Economic Updates

The economic updates in this release reflect data gathered in October 2025.

Exchange Rates

The table below shows the current values of exchange rates in the 2025-12 RDLs and the percentage changes in those exchange rates relative to the 2025-09 Regional Data Libraries.

If you use local currencies in your deployment of aPriori, you are advised to update your installation with the exchange rates shown below. To update exchange rates, open the Deployment Data module within the Digital Factory Toolset and edit the values in the Currency tab.

Currency Name Currency Symbol Current Exchange Rate Percent Change from 2025-09
Argentine Peso ARS 0.000689 -7.1%
Australian Dollar AUD 0.651583 -0.4%
Brazilian Real BRL 0.186470 1.4%
Canadian Dollar CAD 0.709560 -2.5%
Chilean Peso CLP 0.001059 2.8%
Chinese Yuan Renminbi CNY 0.140426 0.1%
Czech Koruna CZK 0.047313 -1.2%
Danish Krone DKK 0.154348 -1.6%
Euro EUR 1.152131 -1.6%
Hungarian Forint HUF 0.002981 0.9%
Indian Rupee INR 0.011284 -0.4%
Indonesian Rupiah IDR 0.000060 -1.6%
Japanese Yen JPY 0.006512 -4.3%
Korean Won KRW 0.000691 -3.8%
Malaysian Ringgit MYR 0.239120 1.0%
Mexican Peso MXN 0.053840 0.4%
Morocco Dirham MAD 0.107504 -3.3%
Norwegian Krone NOK 0.098216 -1.3%
Philippine Peso PHP 0.016973 -2.7%
Polish Zloty PLN 0.270898 -1.4%
Pound Sterling GBP 1.308424 -3.3%
Romanian Leu RON 0.226583 -1.9%
Russian Ruble RUB 0.012290 -1.3%
Saudi Arabia Riyal SAR 0.266635 0.0%
Shekel (Israel) ILS 0.306972 2.7%
Singapore Dollar SGD 0.766426 -1.6%
South African Rand ZAR 0.057613 1.6%
Swedish Krona SEK 0.104972 -0.8%
Swiss Franc CHF 1.236894 -1.1%
Taiwan Dollar TWD 0.032364 -0.9%
Thai Baht THB 0.030909 -0.1%
Tunisian Dinar TND 0.337838 -1.6%
Turkish Lira TRY 0.023742 -2.3%
United States Dollar USD 1.000000 0.0%
Vietnamese Dong VND 0.000038 0.0%

Labor Rates

Labor rate differences between the 2025-12 RDLs and the 2025-09 RDLs are primarily due to currency fluctuations in many regions. Because aPriori represents base data in USD, currency exchange rate fluctuations cause labor rates expressed in USD to change, even when they are unchanged when expressed in a region’s native currency.

In addition, updated labor rates were collected for the following regions since the previous RDL release:

  • Denmark, Israel, Malaysia, Netherlands

Please use our Labor Rate Data Trends Web page to view labor rate trends over a longer timescale.

The table below shows labor rate changes relative to the 2025-09 Regional Data Libraries release.

Note:

The labor rate column shows the average labor rate per country across all skill levels.

Region Current Avg Labor Rate % Change from 2025-09
Argentina $7.75 -7.1%
Australia $31.93 -0.4%
Austria $32.79 -1.6%
Belgium $47.29 -1.6%
Brazil $4.17 1.4%
Brazil-Sao-Paulo $5.39 1.4%
Brazil-South $4.50 1.4%
Brazil-Southeast $4.43 1.4%
Canada $23.77 -2.5%
Canada-Alberta $27.16 -2.5%
Canada-Atlantic (PE-NB-NL-NS) $20.58 -2.5%
Canada-Ontario $23.66 -2.5%
Canada-Quebec $21.73 -2.5%
Canada-West (BC-MB-SK) $22.67 -2.5%
Chile $6.24 2.8%
China $11.08 0.1%
China-Central-Hubei-Wuhan $9.28 0.1%
China-East-Jiangsu-Suzhou $11.37 0.1%
China-East-Shandong-Qingdao $9.59 0.1%
China-East-Shanghai $14.27 0.1%
China-East-Zhejiang-Hangzhou $11.77 0.1%
China-North-Beijing $19.78 0.1%
China-North-Hebei-Tianjin $8.65 0.1%
China-Northeast-Liaoning-Dalian $8.53 0.1%
China-SouthCentral-Guangdong-Guangzhou $11.41 0.1%
China-Southwest-Chongqing $8.84 0.1%
China-Southwest-Sichuan-Chengdu $9.71 0.1%
Czech Republic $18.47 -1.2%
Denmark $54.35 4.7%
Eastern Europe $16.81 -0.9%
Finland $33.56 -1.6%
France $43.16 -1.6%
Germany $38.42 -1.6%
Hungary $14.45 0.9%
India $2.10 -0.4%
India-Delhi $2.32 -0.4%
India-Karnataka $2.69 -0.4%
India-Maharashtra $2.56 -0.4%
India-West Bengal $2.45 -0.4%
Indonesia $1.19 -1.6%
Ireland $39.93 -1.6%
Israel $22.87 4.8%
Italy $25.46 -1.6%
Japan $14.03 -4.3%
Malaysia $4.86 6.0%
Mexico $6.48 0.4%
Mexico-Mexico City $8.80 0.4%
Mexico-North $7.04 0.4%
Mexico-South-West $5.13 0.4%
Morocco $11.19 -3.3%
Netherlands $39.02 1.3%
Norway $44.37 -1.3%
Philippines $2.02 -2.7%
Poland $18.30 -1.4%
Portugal $14.96 -0.1%
Romania $13.67 -1.9%
Russia $6.69 -1.3%
Russia-Altaiski Krai $4.17 -1.3%
Russia-City of Moscow $12.16 -1.3%
Russia-Kaluga $6.10 -1.3%
Russia-Leningrad $7.04 -1.3%
Russia-Moscow region $8.43 -1.3%
Russia-Republic of Dagestan $3.66 -1.3%
Russia-Saint Petersburg $9.58 -1.3%
Russia-Sverdlovsk $7.06 -1.3%
Russia-Tyumen $16.68 -1.3%
Russia-Udmurtia $4.84 -1.3%
Saudi Arabia $12.04 0.0%
Singapore $29.82 -1.6%
Slovakia $16.04 -1.6%
South Africa $7.28 1.6%
South Korea $22.12 -3.8%
Spain $19.44 -1.6%
Sweden $29.74 -0.8%
Switzerland $66.95 -1.1%
Taiwan $10.07 -0.9%
Thailand $2.37 -0.1%
Tunisia $1.64 -1.6%
Turkey $3.88 -2.3%
USA $39.72 0.0%
USA-California $46.14 0.0%
USA-Central (AR-IA-KS-MT-NE-ND-OK-SD) $31.50 0.0%
USA-Mid-Atlantic (DE-MD-PA-VA) $41.54 0.0%
USA-Mountain (AZ-CO-ID-NV-NM-UT-WY) $35.19 0.0%
USA-North Central (IL-MI-MN-OH-WI) $38.02 0.0%
USA-Northeast (MA-NY-NJ-CT) $49.32 0.0%
USA-Northeast-Rural (ME-NH-RI-VT) $35.80 0.0%
USA-Pacific (WA-OR-HI-AK) $37.62 0.0%
USA-Southeast (AL-FL-GA-IN-KY-LA-MO-MS-NC-SC-TN-WV) $33.72 0.0%
USA-Texas $39.96 0.0%
United Kingdom $28.20 -3.3%
Vietnam $1.87 0.0%
Western Europe $34.56 -1.8%

Labor Rate Calculation

Labor Rates are calculated using the following equation:

 Fully Burdened Labor Rate = Direct Wage * (1 + Direct Benefits Factor + Social Insurance Factor)
  • Direct Wage: provided by an external consulting group.
  • Direct Benefits Factor: accounts for Paid time off, Bonuses, Retirement fund contributions etc. for the region. This factor is determined using a variety of sources and aPriori research.
  • Social Insurance Factor: accounts for Health insurance, Disability insurance, Taxes, etc. for the region. Again this factor is determined using the above resources.

Total Manufacturing Rates

This table shows changes in total manufacturing rates (labor + direct overhead + indirect overhead) relative to the 2025-09 Regional Data Libraries release. All columns with rates included are the average rate for that specified country.

The countries listed below have had changes to their Total Manufacturing Rates of greater than 10%. These changes could be increases or decreases by this amount and are attributed to updated utility data, specifically around the electricity rates for these regions.

  • Belgium, Chile, Czech Republic, Hungary, Poland, Singapore, Slovakia

In general, for this release all countries have updated electricity rates, however the list above includes the countries impacted most in relation to Total Manufacturing Rates.

Region Current Avg Labor Rate Direct Overhead Rate Indirect Overhead Rate Total Manufacturing Rate Percent Change from 2025-06
Argentina $7.75 $85.28 $4.91 $97.94 2.3%
Australia $31.93 $55.00 $15.92 $102.86 3.3%
Austria $32.79 $59.56 $16.20 $108.56 1.7%
Belgium $47.29 $56.80 $21.74 $125.83 10.1%
Brazil $4.17 $42.07 $3.19 $49.43 -3.7%
Brazil-Sao-Paulo $5.39 $42.07 $4.13 $51.60 -3.5%
Brazil-South $4.50 $42.07 $3.44 $50.01 -3.6%
Brazil-Southeast $4.43 $42.07 $3.38 $49.89 -3.6%
Canada $23.77 $38.71 $12.08 $74.57 -4.2%
Canada-Alberta $27.16 $38.71 $13.80 $79.67 -4.1%
Canada-Atlantic (PE-NB-NL-NS) $20.58 $38.71 $10.59 $69.88 -4.3%
Canada-Ontario $23.66 $38.71 $12.03 $74.40 -4.2%
Canada-Quebec $21.73 $38.71 $11.14 $71.58 -4.2%
Canada-West (BC-MB-SK) $22.67 $38.71 $11.57 $72.96 -4.2%
Chile $6.24 $43.55 $4.26 $54.06 7.8%
China $11.08 $33.98 $6.18 $51.23 3.3%
China-Central-Hubei-Wuhan $9.28 $33.98 $5.39 $48.65 3.5%
China-East-Jiangsu-Suzhou $11.37 $33.98 $6.31 $51.66 3.3%
China-East-Shandong-Qingdao $9.59 $33.98 $5.53 $49.10 3.5%
China-East-Shanghai $14.27 $33.98 $9.70 $57.95 2.9%
China-East-Zhejiang-Hangzhou $11.77 $33.98 $6.48 $52.23 3.3%
China-North-Beijing $19.78 $33.98 $10.42 $64.18 2.7%
China-North-Hebei-Tianjin $8.65 $33.98 $5.11 $47.74 3.6%
China-Northeast-Liaoning-Dalian $8.53 $33.98 $5.06 $47.57 3.6%
China-SouthCentral-Guangdong-Guangzhou $11.41 $33.98 $6.34 $51.72 3.3%
China-Southwest-Chongqing $8.84 $33.98 $5.86 $48.68 3.5%
China-Southwest-Sichuan-Chengdu $9.71 $33.98 $5.59 $49.28 3.5%
Czech Republic $18.47 $49.06 $9.50 $77.03 10.5%
Denmark $54.35 $56.47 $25.25 $136.07 5.3%
Eastern Europe $16.81 $50.52 $8.74 $76.07 4.5%
Finland $33.56 $38.92 $16.07 $88.55 -1.8%
France $43.16 $49.63 $20.32 $113.11 -2.2%
Germany $38.42 $55.38 $18.51 $112.31 1.0%
Hungary $14.45 $54.59 $7.64 $76.68 14.0%
India $2.10 $36.98 $2.48 $41.55 -1.9%
India-Delhi $2.32 $36.98 $2.60 $41.90 -1.9%
India-Karnataka $2.69 $36.98 $2.97 $42.64 -1.8%
India-Maharashtra $2.56 $36.98 $2.82 $42.35 -1.8%
India-West Bengal $2.45 $36.98 $2.70 $42.13 -1.9%
Indonesia $1.19 $32.79 $1.83 $35.81 -3.0%
Ireland $39.93 $49.08 $18.92 $107.93 -1.1%
Israel $22.87 $40.23 $11.56 $74.66 3.1%
Italy $25.46 $63.77 $12.49 $101.72 -7.5%
Japan $14.03 $43.08 $8.62 $65.74 -2.8%
Malaysia $4.86 $38.86 $3.57 $47.29 1.1%
Mexico $6.48 $50.97 $4.31 $61.77 -5.1%
Mexico-Mexico City $8.80 $50.97 $5.47 $65.25 -4.8%
Mexico-North $7.04 $50.97 $4.57 $62.58 -5.0%
Mexico-South-West $5.13 $50.97 $3.68 $59.79 -5.2%
Morocco $11.19 $33.98 $6.72 $51.89 -1.0%
Netherlands $39.02 $52.68 $18.53 $110.23 4.8%
Norway $44.37 $40.28 $21.08 $105.74 -3.6%
Philippines $2.02 $42.79 $2.28 $47.09 -3.3%
Poland $18.30 $53.13 $9.26 $80.69 14.0%
Portugal $14.96 $44.61 $8.15 $67.72 1.0%
Romania $13.67 $50.42 $7.40 $71.48 -1.8%
Russia $6.69 $41.32 $4.59 $52.59 2.3%
Russia-Altaiski Krai $4.17 $41.32 $3.16 $48.65 2.6%
Russia-City of Moscow $12.16 $41.32 $8.35 $61.83 1.7%
Russia-Kaluga $6.10 $41.32 $4.18 $51.60 2.4%
Russia-Leningrad $7.04 $41.32 $4.84 $53.20 2.3%
Russia-Moscow region $8.43 $41.32 $5.79 $55.53 2.1%
Russia-Republic of Dagestan $3.66 $41.32 $2.93 $47.91 2.7%
Russia-Saint Petersburg $9.58 $41.32 $6.27 $57.16 2.0%
Russia-Sverdlovsk $7.06 $41.32 $4.85 $53.22 2.3%
Russia-Tyumen $16.68 $41.32 $11.48 $69.47 1.4%
Russia-Udmurtia $4.84 $41.32 $3.45 $49.61 2.5%
Saudi Arabia $12.04 $32.72 $7.03 $51.79 -2.0%
Singapore $29.82 $50.24 $14.92 $94.97 -11.4%
Slovakia $16.04 $45.25 $8.56 $69.84 -16.1%
South Africa $7.28 $40.44 $4.83 $52.54 0.8%
South Korea $22.12 $38.93 $11.34 $72.38 -2.1%
Spain $19.44 $43.93 $10.14 $73.50 4.9%
Sweden $29.74 $41.92 $14.65 $86.31 -0.4%
Switzerland $66.95 $56.75 $25.21 $148.91 -3.3%
Taiwan $10.07 $47.12 $6.21 $63.40 6.6%
Thailand $2.37 $35.81 $2.47 $40.64 -0.1%
Tunisia $1.64 $36.07 $1.94 $39.65 -0.9%
Turkey $3.88 $89.91 $4.11 $97.91 -4.0%
USA $39.72 $45.57 $19.16 $104.45 -1.1%
USA-California $46.14 $45.57 $22.25 $113.96 -1.0%
USA-Central (AR-IA-KS-MT-NE-ND-OK-SD) $31.50 $45.57 $15.27 $92.33 -1.2%
USA-Mid-Atlantic (DE-MD-PA-VA) $41.54 $45.57 $20.04 $107.14 -1.1%
USA-Mountain (AZ-CO-ID-NV-NM-UT-WY) $35.19 $45.57 $16.99 $97.75 -1.2%
USA-North Central (IL-MI-MN-OH-WI) $38.02 $45.57 $18.35 $101.94 -1.1%
USA-Northeast (MA-NY-NJ-CT) $49.32 $45.57 $23.80 $118.69 -1.0%
USA-Northeast-Rural (ME-NH-RI-VT) $35.80 $45.57 $17.30 $98.66 -1.2%
USA-Pacific (WA-OR-HI-AK) $37.62 $45.57 $18.15 $101.34 -1.1%
USA-Southeast (AL-FL-GA-IN-KY-LA-MO-MS-NC-SC-TN-WV) $33.72 $45.57 $16.30 $95.59 -1.2%
USA-Texas $39.96 $45.57 $19.29 $104.82 -1.1%
United Kingdom $28.20 $55.62 $14.40 $98.22 -1.6%
Vietnam $1.87 $37.92 $2.27 $42.06 -3.0%
Western Europe $34.56 $53.33 $16.64 $104.52 0.3%

Material Rates

The following table represents changes in material rates at a world average level when comparing the 2025-12 RDLs to the 2025-09 RDLs.

Non-Ferrous Non-Ferrous Ferrous Metals Ferrous Metals Plastics Plastics
Aluminum Bronze 0.1% Ductile Iron -2.1% ABS 1.4%
Brass 0.6% Galvanized Steel -3.9% ABS -Extrusion Sheet GP 1.4%
Bronze 0.6% Low-Alloy Steel -3.8% Nylon -2.3%
Copper 0.4% Malleable Cast Iron -2.3% PP - Extrusion Sheet -3.5%
Gray Iron -2.0% Stainless Steel -4.5% PS - Crystal Injection GP -1.3%
Heat Resistant Super Alloys 4.2% Steel -3.6% PS - High Impact Extrusion -1.2%
Magnesium 0.6% Unalloyed Steel -4.0% Polypropylene -3.4%
Titanium 1.8% Polystyrene -1.2%
Zinc 3.8%
Zinc-Aluminum 3.2%

For a more in-depth regional breakdown of changes in material rates, please view aPriori's Material Cost Data Trends page. This page breaks material costs down into our Asia, Europe, and North American regions. Below is an example image showing the trends of steel prices per region up to the release of 2025-09 RDLs.

Image