In 2023, the largest share of wages and salaries in the European food and beverage services industry is held by the United Kingdom (19.14 million euros), followed by France (16.87 million euros) and Germany (14.81 million euros). Other notable countries include Spain (11.9 million euros) and Italy (9.62 million euros).
Year-on-year variations reveal significant increases in some countries. Romania's share rose by 12.05%, reflecting a substantial wage growth. Similarly, Lithuania (15.32%), Bulgaria (7.71%), and Czech Republic (8.14%) experienced strong year-on-year growth. On the contrary, Sweden and Portugal saw declines of 2.75% and 4.73%, respectively, indicating potential challenges in these markets.
Future trends to watch include the continuation of wage increases in Eastern European countries, driven by economic growth and labor market adjustments. Conversely, Western European countries may see more moderate growth, countered by potential economic slowdowns or regulatory changes impacting wage structures.
Top countries in Wages and Salaries of Food and Beverage Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 19.14 | 2023 | +1.95% | +2.1% | View data |
| 2 | 2 France | 16.87 | 2023 | +7.81% | +3.41% | View data |
| 3 | 3 Germany | 14.81 | 2023 | +12.68% | +4.08% | View data |
| 4 | 4 Spain | 11.9 | 2023 | +13.88% | +5.41% | View data |
| 5 | 5 Italy | 9.62 | 2023 | +10.7% | +2.83% | View data |
| 6 | 6 Switzerland | 4.15 | 2023 | +5.56% | +2.77% | View data |
| 7 | 7 Netherlands | 3.36 | 2023 | +2.81% | +2.78% | View data |
| 8 | 8 Austria | 2.37 | 2023 | +8.55% | +3.67% | View data |
| 9 | 9 Ireland | 1.84 | 2023 | +12.61% | +2.56% | View data |
| 10 | 10 Sweden | 1.77 | 2023 | -1.8% | -2.75% | View data |
