Analysis of the European Real Estate Wages and Salaries as a percentage of GDP shows notable variations across countries. Latvia leads with 1%, followed by Denmark and the United Kingdom at 0.7%. Sweden, Austria, Bulgaria, France, Switzerland, and Estonia stand at 0.5%. Noteworthy variations include a decline in Latvia (-3.58%) and Poland (-4.36%), while significant growth was observed in Lithuania (5.92%) and Cyprus (14.87%). Countries like Denmark, the UK, and Austria have remained stable.
Future trends to watch include potential economic recovery impacts on the real estate sector, wage adjustments influenced by inflation, and structural changes due to remote working trends. Monitoring these trends will provide insights into potential shifts in the European real estate market landscape.
Top countries in Real Estate Wages and Salaries by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 1 | 2023 | 0% | -3.58% | View data |
| 2 | 2 Denmark | 0.7 | 2023 | 0% | 0% | View data |
| 3 | 3 United Kingdom | 0.7 | 2023 | 0% | 0% | View data |
| 4 | 4 Sweden | 0.6 | 2023 | 0% | 0% | View data |
| 5 | 5 Austria | 0.5 | 2023 | 0% | 0% | View data |
| 6 | 6 Bulgaria | 0.5 | 2023 | +25% | 0% | View data |
| 7 | 7 France | 0.5 | 2023 | 0% | 0% | View data |
| 8 | 8 Switzerland | 0.5 | 2023 | 0% | 0% | View data |
| 9 | 9 Estonia | 0.5 | 2023 | 0% | -3.58% | View data |
| 10 | 10 Czech Republic | 0.4 | 2023 | -20% | 0% | View data |
