In 2023, the UK led European wages and salaries in employment services, closely followed by France and Germany. The fastest year-on-year increase was noted in Iceland, though Lithuania also showed a significant rise. Conversely, Italy and Ireland experienced a slight decline. Over the past five years, a steady growth trend has been observed in most countries, underpinned by substantial increases in smaller markets, such as Hungary and Latvia.
Future trends to monitor include the impact of economic shifts due to political changes in the EU, adoption of digital services, and labor market recovery post-pandemic which may influence growth trajectories in the employment services sector.
Top countries in Wages and Salaries of Employment Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 19.42 | 2023 | +1.65% | +1.64% | View data |
| 2 | 2 France | 19.15 | 2023 | +6.19% | +2.52% | View data |
| 3 | 3 Germany | 15.92 | 2023 | +6.01% | +0.59% | View data |
| 4 | 4 Netherlands | 9.18 | 2023 | +5.66% | +1.99% | View data |
| 5 | 5 Switzerland | 5.7 | 2023 | +8.22% | +5.62% | View data |
| 6 | 6 Italy | 5.7 | 2023 | +3.28% | -0.22% | View data |
| 7 | 7 Belgium | 4.53 | 2023 | +6% | +2.72% | View data |
| 8 | 8 Spain | 3.76 | 2023 | +6.48% | +3.4% | View data |
| 9 | 9 Sweden | 2.68 | 2023 | +6.96% | +3.88% | View data |
| 10 | 10 Austria | 2.28 | 2023 | +6.13% | +1.93% | View data |