The European construction of roads and motorways in 2023 saw varied growth across countries, with France leading at 5.5 billion euros. Germany and Spain followed with notable increases of 4.97 and 2.41 billion euros, respectively. Noteworthy year-on-year growths included Bulgaria at 13.54%, Poland at 8.73%, and Romania at 8.26%. Certain regions like Sweden and Slovenia observed declines of 1.89% and 5.6%. In examining the five-year trends, significant compound annual growth rates (CAGR) were recorded for Poland, Romania, and Hungary, indicating strengthening wage and salary segments in these countries.
Looking ahead, the increasing investments in infrastructure across Europe suggest potential upward trends in wages and salaries. Key trends to watch include evolving EU funding allocations, governmental infrastructure priorities, and economic fluctuations which could impact wage growth differently across regions, particularly in Central and Eastern Europe.
Top countries in Wages and Salaries in Construction of Roads and Motorways by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 5,500 | 2023 | +4.46% | +1.85% | View data |
2 | 2 Germany | 4,970 | 2023 | +3.47% | +4.05% | View data |
3 | 3 Spain | 1,810 | 2023 | +3.04% | +2.41% | View data |
4 | 4 Austria | 1,560 | 2023 | +3.01% | +5.04% | View data |
5 | 5 United Kingdom | 1,460 | 2023 | +1.18% | +1.23% | View data |
6 | 6 Poland | 1,300 | 2023 | +3.19% | +8.73% | View data |
7 | 7 Italy | 1,020 | 2023 | -0.62% | -0.055% | View data |
8 | 8 Romania | 637.1 | 2023 | +3.39% | +8.26% | View data |
9 | 9 Norway | 534 | 2023 | +3.81% | +3.23% | View data |
10 | 10 Sweden | 507.5 | 2023 | +0.69% | -1.89% | View data |