The European ICT and Information Services sector shows significant variations in wages and salaries by country in 2023. Germany leads significantly with 63.16 billion euros, followed by France with 36.65 billion euros. Italy, though third, posts significantly lower figures at 14.79 billion euros, with subsequent countries like the Netherlands and Spain trailing closely behind. Smaller economies like Ireland, Belgium, Austria, and Finland contribute modestly with figures below 6 billion euros.
Year-over-year growth in 2023 varied, with Ireland seeing the highest increase at 6.27%, while Germany, a larger market, expanded by 4.87%. Slovakia, Greece, and Lithuania demonstrated robust growth, each exceeding 4%. Over five years, these markets have experienced consistent growth, reflecting increasing demand in ICT and Information Services across Europe.
Future trends to watch include the rapid adoption of digital technologies and remote working, which could further increase demand for ICT services across smaller EU nations. Additionally, policy changes and investments in digital infrastructure might exacerbate discrepancies in wage growth among countries.
Top countries in Wages and Salaries in ICT and Information Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63,160 | 2023 | +3.54% | +4.87% | View data |
| 2 | 2 France | 36,650 | 2023 | +2.78% | +3.48% | View data |
| 3 | 3 Italy | 14,790 | 2023 | +2.47% | +2.73% | View data |
| 4 | 4 Netherlands | 12,730 | 2023 | +2.69% | +2.54% | View data |
| 5 | 5 Spain | 12,330 | 2023 | +2.97% | +2.67% | View data |
| 6 | 6 Ireland | 5,900 | 2023 | +4.32% | +6.27% | View data |
| 7 | 7 Belgium | 5,350 | 2023 | +3.22% | +4.1% | View data |
| 8 | 8 Austria | 4,420 | 2023 | +3.07% | +2.95% | View data |
| 9 | 9 Finland | 4,210 | 2023 | +2.99% | +2.8% | View data |
| 10 | 10 Luxembourg | 1,190 | 2023 | +3.62% | +3.6% | View data |
