In 2023, European wages and salaries in security, services to buildings, and other business support activities varied significantly by country. Germany held the highest value at 46.6 billion euros, followed by the Netherlands at 5.89 billion euros. Portugal (3.02 billion), Finland (2.75 billion), Slovakia (0.77538 billion), Slovenia (0.31707 billion), and Cyprus (0.14084 billion) followed respectively. Year-on-year growth observed from 2022 to 2023 highlighted an increase of 3.93% in Germany, 1.97% in the Netherlands, 8.0% in Portugal, 3.2% in Finland, 4.54% in Slovakia, 3.96% in Slovenia, and 6.09% in Cyprus.
Future trends to watch for include potential shifts in economic conditions, technological advancements, and demographic changes impacting wage structures. Increased automation and efficiency in business support services could lead to altered demand for workforce skillsets, while economic recovery patterns post-pandemic might influence salaries and employment growth differently across these European countries.
Top countries in Wages and Salaries in Security, Services to Buildings and Other Business Support Activities by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46,600 | 2023 | +3.92% | +3.93% | View data |
| 2 | 2 Netherlands | 5,890 | 2023 | +1.53% | +1.97% | View data |
| 3 | 3 Portugal | 3,020 | 2023 | +8.16% | +8% | View data |
| 4 | 4 Finland | 2,750 | 2023 | +2.23% | +3.2% | View data |
| 5 | 5 Slovakia | 775.38 | 2023 | +3.7% | +4.54% | View data |
| 6 | 6 Slovenia | 317.07 | 2023 | +2.43% | +3.96% | View data |
| 7 | 7 Cyprus | 140.84 | 2023 | +2.43% | +6.09% | View data |
