As of 2023, Germany leads in European salaries within the Computer, Electronic, and Optical Products sector, reporting a significant 22.32 billion Euros. France and Italy trail with 4.62 and 3.89 billion Euros, respectively. The Netherlands, Austria, and Finland also posted substantial values, while countries like Luxembourg reported minimal figures.
Year-on-year trends from 2023 highlight varied growth, with notable increases in Estonia and Lithuania, contrasting declines in Finland and Spain. Germany, France, Italy, and the Netherlands show steady growth, dominated by Germany's robust increase. Even with setbacks, modest gains are observed generally across the region.
Future trends to watch include continued technological advancements driving wage growth, particularly in Western Europe, while Eastern Europe may experience moderate but steady progress. Attention should be paid to inflation impacts and skill demand shifts that could reshape the regional wage landscape.
Top countries in Wages and Salaries in Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,320 | 2023 | +2.11% | +2.42% | View data |
| 2 | 2 France | 4,620 | 2023 | +0.26% | +0.63% | View data |
| 3 | 3 Italy | 3,890 | 2023 | +0.86% | +0.82% | View data |
| 4 | 4 Netherlands | 1,790 | 2023 | +1.19% | +1.41% | View data |
| 5 | 5 Austria | 1,490 | 2023 | +1.42% | +1.05% | View data |
| 6 | 6 Finland | 1,120 | 2023 | -2.87% | -2.74% | View data |
| 7 | 7 Spain | 692 | 2023 | -2.95% | -3.15% | View data |
| 8 | 8 Belgium | 653.9 | 2023 | -0.031% | +0.78% | View data |
| 9 | 9 Slovenia | 138.2 | 2023 | +0.58% | -0.3% | View data |
| 10 | 10 Estonia | 108.1 | 2023 | +3.05% | +2.83% | View data |
