In 2023, France led European wages and salaries in ICT services with 4.26 billion Euros, followed by Italy at 2.84 billion. The Netherlands and Ireland posted moderate figures, while Belgium, Slovakia, and Greece contributed lesser amounts, with Slovenia trailing behind. Year-over-year, Belgium and Ireland saw the highest growth, at 5.39% and 4.06% respectively, suggesting increased demand for ICT skills. The Netherlands and Slovakia exhibited solid growth, indicating emerging markets. Over the last five years, the compound annual growth rate suggested consistent increases, aligning with digitalization trends.
Future Trends to Watch:
- Continued digital transformation will drive demand for ICT services, impacting wage growth.
- Legislation on digital sovereignty and data protection may influence salary dynamics.
- Countries investing heavily in technology and innovation may see increased salaries in the sector.
Top countries in Wages and Salaries in ICT Services by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,260 | 2023 | +2.03% | +2.75% | View data |
| 2 | 2 Italy | 2,840 | 2023 | +1.09% | +1.37% | View data |
| 3 | 3 Netherlands | 943 | 2023 | +3.4% | +3.19% | View data |
| 4 | 4 Ireland | 488.65 | 2023 | +2.64% | +4.06% | View data |
| 5 | 5 Belgium | 403.2 | 2023 | +3.81% | +5.39% | View data |
| 6 | 6 Slovakia | 182.65 | 2023 | +3.27% | +3.59% | View data |
| 7 | 7 Greece | 102.82 | 2023 | +2.07% | +1.94% | View data |
| 8 | 8 Slovenia | 49.4 | 2023 | +2.7% | +2.29% | View data |
