European apparel wage and salary distribution highlights Italy's dominance, accounting for the largest share at 34.42 million euros, followed by Germany and France at significantly lower levels. Over the past year, Serbia, driven by an 8.86% increase, and Lithuania at 5.67%, have shown significant year-on-year growth. In contrast, Austria, France, and the United Kingdom face declines. Notably, many Western European countries display stagnation or slight regressions.
Looking forward, growth in Eastern European countries such as Bosnia and Herzegovina and Bulgaria suggests a shift in wage dynamics towards cheaper labor markets. Monitoring this trend offers insights into European manufacturing strategies and economic impacts on the apparel sector.
Top countries in Wearing Apparel Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.42 | 2023 | +4.5% | +1.48% | View data |
| 2 | 2 Germany | 9.88 | 2023 | -0.23% | -1.51% | View data |
| 3 | 3 France | 8.41 | 2023 | -2.98% | -4.88% | View data |
| 4 | 4 Romania | 6.95 | 2023 | +5.47% | +0.67% | View data |
| 5 | 5 Portugal | 6.88 | 2023 | +0.29% | -0.51% | View data |
| 6 | 6 Spain | 6.48 | 2023 | +4.92% | +1.69% | View data |
| 7 | 7 Poland | 4.86 | 2023 | +0.92% | +1% | View data |
| 8 | 8 United Kingdom | 3.53 | 2023 | -3.2% | -2.95% | View data |
| 9 | 9 Bulgaria | 3.28 | 2023 | +5.81% | +2.41% | View data |
| 10 | 10 Serbia | 1.76 | 2023 | +8.05% | +8.86% | View data |
