In 2023, Germany leads European wages in plumbing, heat, and air conditioning installation with 12.88 billion euros, exhibiting a 6.37% increase. France follows with 9.1 billion euros and a modest 1.69% growth. The UK reports 3.9 billion euros with a meager 0.53% rise. Italy and the Netherlands show close values, but the Netherlands experienced a notable 7.26% surge. Poland and Serbia saw the highest relative growth at 14.48% and 14.94% respectively. Meanwhile, Ireland and Greece witnessed declines, exhibiting -7.13% and -1.97%. Bulgaria and Cyprus remain near the lower end with marginal increases.
Future trends to monitor include the potential impacts of energy policies and green transitions on the demand for these services. Rising focus on sustainability and energy efficiency may drive further wage growth, particularly in countries leading renewable energy initiatives. Furthermore, potential labor shortages could influence wage dynamics, emphasizing the need for skilled labor in this sector.
Top countries in Wages and Salaries in Plumbing, Heat and Air Conditioning Installation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12,880 | 2023 | +4.51% | +6.37% | View data |
| 2 | 2 France | 9,100 | 2023 | +0.22% | +1.69% | View data |
| 3 | 3 United Kingdom | 3,900 | 2023 | +1.2% | +0.53% | View data |
| 4 | 4 Italy | 2,480 | 2023 | +0.012% | +0.49% | View data |
| 5 | 5 Netherlands | 2,470 | 2023 | +5.42% | +7.26% | View data |
| 6 | 6 Spain | 2,250 | 2023 | +2.42% | +3.01% | View data |
| 7 | 7 Sweden | 1,680 | 2023 | +0.34% | +2.45% | View data |
| 8 | 8 Austria | 1,550 | 2023 | +2.66% | +3.02% | View data |
| 9 | 9 Norway | 1,180 | 2023 | +0.77% | -0.66% | View data |
| 10 | 10 Poland | 1,090 | 2023 | +11.72% | +14.48% | View data |
