In 2023, European wages and salaries in Food and Beverage Service Activities saw varying levels across countries. France led with 27.88 Billion Euros, followed by Italy at 19.81 Billion Euros. Ireland and Finland reported significantly lower figures at 2.55 Billion Euros and 1.99 Billion Euros respectively. Greece, Slovakia, and Slovenia had the smallest values, with Slovakia and Slovenia under 1 Billion Euros.
Year-on-year variations for 2023 indicated moderate growth across most countries: France (2.48%), Italy (2.53%), Ireland (1.92%), Finland (2.27%), Greece (0.69%), Slovakia (4.52%), and Slovenia (2.22%). Notably, Slovakia showed the highest growth among these nations.
As we look towards forecasted data for 2024 and beyond, several trends warrant attention:
- Potential economic fluctuations affecting wages and salaries in the food and beverage service sector.
- Impact of labor market reforms and minimum wage regulations in various countries.
- Increased automation and technology integration potentially influencing job structures and wage distributions.
Monitoring these trends can provide insights into future wage dynamics within the European food and beverage service industry.
Top countries in Wages and Salaries in Food and Beverage Service Activities by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 27,880 | 2023 | +2.14% | +2.48% | View data |
| 2 | 2 Italy | 19,810 | 2023 | +2.3% | +2.53% | View data |
| 3 | 3 Ireland | 2,550 | 2023 | +2.19% | +1.92% | View data |
| 4 | 4 Finland | 1,990 | 2023 | +2.43% | +2.27% | View data |
| 5 | 5 Greece | 1,540 | 2023 | +1% | +0.69% | View data |
| 6 | 6 Slovakia | 572.25 | 2023 | +3.39% | +4.52% | View data |
| 7 | 7 Slovenia | 387.67 | 2023 | +2.6% | +2.22% | View data |
