In 2023, the UK dominated the European management consultancy wage and salary market, followed by Germany and France. Notable increases were observed in Ireland (9.76%) and Bulgaria (9.61%), while Norway saw a decline (-1.58%). Ireland and Bulgaria experienced significant wage growth, while Norway witnessed a slight reduction. Countries such as Lithuania (17.2%) and Malta (15.02%) showcased impressive growth rates, indicating emerging consultancy markets. Overall, the market grew steadily, reflecting broader economic trends.
Future trends to watch include potential shifts driven by economic stability amidst global uncertainties and emphasis on digital transformation, particularly in Eastern European countries. Monitoring developments could offer insights for strategic decision-making in the consultancy landscape.
Top countries in Wages and Salaries of Management Consultancy Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 27.74 | 2023 | +1.96% | +2.24% | View data |
| 2 | 2 Germany | 15.14 | 2023 | +3.59% | +3.06% | View data |
| 3 | 3 France | 12.46 | 2023 | +2.06% | +3.68% | View data |
| 4 | 4 Switzerland | 6.64 | 2023 | +3.87% | +2.73% | View data |
| 5 | 5 Netherlands | 6.34 | 2023 | +1.77% | +2.76% | View data |
| 6 | 6 Spain | 4.35 | 2023 | +4.34% | +7.87% | View data |
| 7 | 7 Italy | 4.28 | 2023 | +1.98% | +2.39% | View data |
| 8 | 8 Sweden | 3.16 | 2023 | +1.01% | +0.45% | View data |
| 9 | 9 Ireland | 2.79 | 2023 | +4.62% | +9.76% | View data |
| 10 | 10 Belgium | 2.33 | 2023 | +3.84% | +5.53% | View data |