The landscape of European wages and salaries within medium-high R&D intensive activities reveals substantial variation across countries in 2023, with Germany significantly leading at €264.18 billion. France follows with €72.5 billion, and Spain, the Netherlands, and Austria trail behind. Other countries like Finland, Slovakia, Slovenia, Greece, and Luxembourg collectively account for a smaller share. Notably, between 2022 and 2023, Germany's growth was 2.59%, and France saw a 2.32% rise, while Slovakia experienced an impressive 4.1% increase. The five-year CAGR points to steady growth, suggesting a parallel trend barring significant disruptions.
Future trends to watch for include:
- The influence of digital transformation and sustainability initiatives potentially driving wage growth across Europe.
- Potential impacts of economic and political shifts on R&D investments and, subsequently, salary structures.
- Continued disparities in employment economics between the traditionally robust markets and emerging EU economies.
Top countries in Wages and Salaries in Medium-High (2-Digit Definition) R&D Intensive Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 264,180 | 2023 | +2.28% | +2.59% | View data |
| 2 | 2 France | 72,500 | 2023 | +1.88% | +2.32% | View data |
| 3 | 3 Spain | 31,150 | 2023 | +1.61% | +1.37% | View data |
| 4 | 4 Netherlands | 25,610 | 2023 | +2.07% | +1.91% | View data |
| 5 | 5 Austria | 16,560 | 2023 | +2.37% | +2.2% | View data |
| 6 | 6 Finland | 9,970 | 2023 | +2.09% | +1.99% | View data |
| 7 | 7 Slovakia | 4,780 | 2023 | +3.64% | +4.1% | View data |
| 8 | 8 Slovenia | 2,190 | 2023 | +2.54% | +2.29% | View data |
| 9 | 9 Greece | 1,790 | 2023 | +1.35% | +2.43% | View data |
| 10 | 10 Luxembourg | 1,700 | 2023 | +3.19% | +3.13% | View data |
