The European wages and salaries in the wholesale sector (excluding motor vehicles and motorcycles) varied significantly by country in 2023. Germany led with €85.95 billion, followed by Spain (€38.45 billion) and the Netherlands (€23.88 billion). Despite being smaller, countries like Lithuania and Estonia showed considerable year-on-year growth in 2023, with Lithuania growing by 8.56% and Estonia by 3.51%. Conversely, Greece experienced a decline of 1.35%.
Future trends to watch include:
- The potential for further growth in Eastern European countries as they continue to catch up with Western Europe.
- Economic policies and labor market reforms across Europe that could impact wage structures.
- Influences of inflation, global trade dynamics, and digital transformation in the wholesale sector.
Top countries in Wages and Salaries in Wholesale (Except of Motor Vehicles and Motorcycles) by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85,950 | 2023 | +2.55% | +2.34% | View data |
| 2 | 2 Spain | 38,450 | 2023 | +6.7% | +7.41% | View data |
| 3 | 3 Netherlands | 23,880 | 2023 | +1.24% | +1.63% | View data |
| 4 | 4 Belgium | 11,190 | 2023 | +1.53% | +1.47% | View data |
| 5 | 5 Finland | 4,190 | 2023 | +1.13% | +1.17% | View data |
| 6 | 6 Greece | 3,240 | 2023 | -1.65% | -1.35% | View data |
| 7 | 7 Lithuania | 1,870 | 2023 | +4.64% | +8.56% | View data |
| 8 | 8 Slovenia | 1,420 | 2023 | +2.12% | +3.5% | View data |
| 9 | 9 Estonia | 678.02 | 2023 | +4.54% | +3.51% | View data |
| 10 | 10 Cyprus | 468.06 | 2023 | +0.29% | +0.87% | View data |
