In 2023, Finland led in machinery wages and salaries share at 26.25 million euros, while Germany, Italy, and Austria followed. Key trends included notable increases in Portugal and Poland, with growths of 35.1% and 4.64% respectively. Germany experienced a decrease of 1.15%, while Greece saw a significant drop of 12.94%.
Looking ahead, expect continued wage growth in Poland and Portugal, driven by economic development and investment in paper and machinery sectors. Watch for automation's impact on wages in developed economies like Germany and potential policy changes affecting the European manufacturing landscape.
Top countries in Paper and Paperboard Machinery Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 26.25 | 2023 | +2.26% | +2.95% | View data |
| 2 | 2 Germany | 23.01 | 2023 | +1.37% | -1.15% | View data |
| 3 | 3 Italy | 17.47 | 2023 | +2.39% | +1.7% | View data |
| 4 | 4 Austria | 12.1 | 2023 | +0.24% | +0.11% | View data |
| 5 | 5 Sweden | 6.78 | 2023 | +0.26% | -0.051% | View data |
| 6 | 6 France | 5.19 | 2023 | +1.35% | +1.53% | View data |
| 7 | 7 Spain | 4.14 | 2023 | +1.55% | +2.38% | View data |
| 8 | 8 United Kingdom | 2.42 | 2023 | 0% | +0.73% | View data |
| 9 | 9 Czech Republic | 1.33 | 2023 | +6.91% | +2.28% | View data |
| 10 | 10 Poland | 1.25 | 2023 | +5.34% | +4.64% | View data |
