In 2023, the United Kingdom led European wages and salaries in the construction of railways and underground railways, significantly surpassing Italy and Poland, the next highest spenders. Norway exhibited the highest growth rate, with wage expenditures escalating by 26.49% year-on-year, whereas Spain saw a decline of 3.39%. Among smaller economies, Lithuania recorded a notable 22.1% increase, while Bulgaria experienced a slight dip. The observed figures highlight Northern and Western European countries generally dedicating more resources compared to Eastern and Southern counterparts, often aligned with broader economic trends in infrastructure investment.
Future trends to watch include the potential impact of increased investment in sustainable urban transport solutions and the broader push for green infrastructure across Europe. Additionally, the ongoing economic transformations within the Eastern European countries could lead to more competitive wage and salary structures as these regions aim to modernize and align with EU infrastructure initiatives.
Top countries in Wages and Salaries in Construction of Railways and Underground Railways by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 654.1 | 2023 | +1.51% | +1.02% | View data |
| 2 | 2 Italy | 461.6 | 2023 | +4.16% | +4.84% | View data |
| 3 | 3 Poland | 302.8 | 2023 | +5.36% | +8.93% | View data |
| 4 | 4 Norway | 295.9 | 2023 | +13.28% | +26.49% | View data |
| 5 | 5 Spain | 278.2 | 2023 | -5.31% | -3.39% | View data |
| 6 | 6 Sweden | 264.6 | 2023 | +0.91% | +0.53% | View data |
| 7 | 7 Finland | 151.2 | 2023 | +8.62% | +9.06% | View data |
| 8 | 8 France | 145.3 | 2023 | -2.29% | +4.73% | View data |
| 9 | 9 Denmark | 114.1 | 2023 | +2.06% | +2.55% | View data |
| 10 | 10 Hungary | 70.2 | 2023 | +4.15% | +3.29% | View data |
