In 2023, Germany led ICT salaries in Europe with 102.88 billion euros, followed by the UK and France. Notable year-on-year growth occurred in countries like Serbia and Lithuania, with significant increases of over 20%. Meanwhile, larger economies like Germany and the UK saw moderate growth.
Over the past five years, Bulgaria and Romania experienced substantial compound annual growth rates, reflecting an expanding ICT sector in Eastern Europe. Emerging countries like Estonia also noted remarkable growth, showcasing a regional diversification in ICT talent and pay scales.
Future trends to watch include the convergence of ICT salaries across Western and Eastern Europe. The digital economy's expansion, driven by AI advancements and tech innovation, may boost wages notably in developing markets. Additionally, policy shifts around remote work and cross-border talent acquisition could influence salary dynamics across the continent.
Top countries in ICT Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 102,880 | 2023 | +7.73% | +8.23% | View data |
| 2 | 2 United Kingdom | 80,790 | 2023 | +1.73% | +2.21% | View data |
| 3 | 3 France | 65,850 | 2023 | +6.17% | +6.15% | View data |
| 4 | 4 Spain | 25,910 | 2023 | +7.16% | +7.93% | View data |
| 5 | 5 Italy | 23,310 | 2023 | +2.26% | +3.56% | View data |
| 6 | 6 Netherlands | 22,630 | 2023 | +8.19% | +8.2% | View data |
| 7 | 7 Switzerland | 22,000 | 2023 | +5.14% | +8.67% | View data |
| 8 | 8 Sweden | 14,320 | 2023 | +2.58% | +5.7% | View data |
| 9 | 9 Ireland | 11,660 | 2023 | +11.92% | +12.88% | View data |
| 10 | 10 Poland | 10,620 | 2023 | +5.33% | +8.87% | View data |
