The analysis of European wages in high R&D intensive activities in 2023 highlights Germany's dominance, accounting for a significant portion among the assessed countries. Italy and the Netherlands follow, with notably lower contributions. Varied trends are evident, with positive growth in most countries, including significant increases in Slovakia and Estonia. However, Finland experienced a slight decline. The compound annual growth rate (CAGR) over the last five years shows modest, consistent increases across the region, reflecting a commitment to enhancing R&D capabilities.
Future trends to watch include:
- Germany's continued leadership, bolstered by its strong R&D infrastructure.
- Potential growth acceleration in countries like Italy and the Netherlands due to increasing R&D investments.
- Monitoring the policies affecting R&D investments in countries with slower growth or slight declines, such as Finland.
Top countries in Wages and Salaries in High (2-Digit Definition) R&D Intensive Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 59.36 | 2023 | +2.41% | +3.05% | View data |
| 2 | 2 Italy | 16.98 | 2023 | +1.19% | +1.48% | View data |
| 3 | 3 Netherlands | 6.62 | 2023 | +1.61% | +1.7% | View data |
| 4 | 4 Spain | 5.96 | 2023 | +0.69% | +0.75% | View data |
| 5 | 5 Austria | 4.77 | 2023 | +2.24% | +2.22% | View data |
| 6 | 6 Finland | 2.87 | 2023 | -0.86% | -0.92% | View data |
| 7 | 7 Slovenia | 1.04 | 2023 | +2.25% | +1.86% | View data |
| 8 | 8 Greece | 0.96 | 2023 | +1.32% | +2.52% | View data |
| 9 | 9 Slovakia | 0.53 | 2023 | +2.39% | +2.73% | View data |
| 10 | 10 Luxembourg | 0.39 | 2023 | +0.16% | +0.016% | View data |
