Germany leads Europe in wages and salaries of urban and suburban passenger land transport with 31.92 million Euros, followed by the UK at 19.59 million Euros and France at 10.71 million Euros. Germany and Sweden show consistent growth, while Italy and Greece see declines, with Greece witnessing a significant decrease of 6.96% and Belgium experiencing a sharp drop of 23.92% in 2023. Among smaller players, Serbia and Lithuania exhibit remarkable growth rates of 7.1% and 9.93%, respectively. The sector is currently experiencing mixed trends across different countries, with some economies showing robust growth and others suffering declines.
Looking ahead, economic stability and investment in public transport systems are crucial for growth. Key factors influencing future trends include technological advancements, government policies supporting sustainable transport, and shifts toward urbanization. Countries that effectively balance innovation and infrastructure investment may experience higher growth in employee remuneration in this sector. In a rapidly changing transport landscape, nations focusing on green solutions are positioned to lead in the expansion of wages and salaries through increased demand for urban passenger transport services.
Top countries in Wages and Salaries of Urban and Suburban Passenger Land Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.92 | 2023 | +4.32% | +4.16% | View data |
| 2 | 2 United Kingdom | 19.59 | 2023 | +1.45% | +2.02% | View data |
| 3 | 3 France | 10.71 | 2023 | -0.4% | +2.28% | View data |
| 4 | 4 Italy | 7.79 | 2023 | -1.83% | -2.44% | View data |
| 5 | 5 Spain | 6.59 | 2023 | +2.12% | +2.51% | View data |
| 6 | 6 Sweden | 4.37 | 2023 | +1.09% | +1.84% | View data |
| 7 | 7 Poland | 3.04 | 2023 | +3.21% | +2.34% | View data |
| 8 | 8 Austria | 2.71 | 2023 | +0.13% | +2.46% | View data |
| 9 | 9 Norway | 2.39 | 2023 | +3.51% | +2.94% | View data |
| 10 | 10 Czech Republic | 1.93 | 2023 | +3.72% | +3.52% | View data |
