In 2023, Belgium led European wages and salaries in the refined petroleum products and coke sector with 31.5 million Euros, followed by Spain with 28.24 million Euros. Notably, Estonia recorded the lowest value at 1.09 million Euros. Economic fluctuations were reflected in annual changes: Belgium's salaries grew by 3.86%, Finland's by 3.03%, and Austria's significantly increased by 4.11% compared to 2022. Conversely, smaller growth was observed in Greece, Portugal, and Slovakia.
Looking forward, companies should monitor energy policies and technological advancements. Potential shifts in carbon-neutral initiatives could reshape the landscape, affecting employment patterns and wage structures within the industry.
Top countries in Wages and Salaries in Refined Petroleum Products and Coke Share by Country (Million Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 31.5 | 2023 | +2.88% | +3.86% | View data |
| 2 | 2 Spain | 28.24 | 2023 | +0.17% | +1.16% | View data |
| 3 | 3 Greece | 12.78 | 2023 | +0.42% | +0.72% | View data |
| 4 | 4 Finland | 10.02 | 2023 | +2.45% | +3.03% | View data |
| 5 | 5 Austria | 7.95 | 2023 | +1.93% | +4.11% | View data |
| 6 | 6 Portugal | 4.24 | 2023 | -0.087% | +0.5% | View data |
| 7 | 7 Slovakia | 4.2 | 2023 | +2.25% | +1.22% | View data |
| 8 | 8 Estonia | 1.09 | 2023 | +0.49% | +1.53% | View data |
