In 2023, Sweden led the European Musical Instruments industry in Gross Value Added per Employee FTE, reaching 171.0 thousand euros, while Greece recorded a negative value of -49.0 thousand euros, indicating significant diversity across countries. Belgium and Finland followed Sweden closely. Countries like the Czech Republic, Poland, and Hungary featured lower values, highlighting regional disparities. Year-on-year variations saw limited change, suggesting steady trends in productivity differences.
Future trends to watch include potential growth in digital instrument manufacturing and increased demand for sustainable production methods. Growth could be uneven, depending on countries' adaptability to new technologies and market demands.
Top countries in Musical Instruments Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Sweden | 171 | 2023 | View data |
| 2 | 2 Belgium | 150.7 | 2023 | View data |
| 3 | 3 Finland | 101.1 | 2023 | View data |
| 4 | 4 Denmark | 94 | 2023 | View data |
| 5 | 5 Luxembourg | 87.8 | 2023 | View data |
| 6 | 6 Austria | 85.1 | 2023 | View data |
| 7 | 7 France | 82.5 | 2023 | View data |
| 8 | 8 Norway | 75.4 | 2023 | View data |
| 9 | 9 Italy | 73.5 | 2023 | View data |
| 10 | 10 Germany | 68.7 | 2023 | View data |
