The European Precious Metals and Non-Ferrous Metals Manufacturing wages and salaries in 2023 varied across countries, with Germany leading at 37.59 million euros. Year-on-year variations showed significant growth in Bulgaria (22.04%), Greece (5.51%), and Poland (4.62%). In contrast, Iceland and Latvia experienced notable declines at -6.42% and -4.01% respectively. Austria and Serbia posted substantial increases of 2.94% and 13.5%, reflecting positive trends.
Future trends to watch revolve around:
- Monitoring expansions in Eastern Europe, notably in Poland and Romania, due to strong growth momentum.
- The potential economic impact of political and economic changes post-Brexit on the UK, amid its stagnant wage growth.
- The influence of technological advancements and sustainability initiatives on living wages, particularly in countries with declining trends.
Top countries in Precious Metals and Non-Ferrous Metals Manufacturing Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.59 | 2023 | +4.74% | +1.84% | View data |
| 2 | 2 United Kingdom | 9.81 | 2023 | -0.52% | -0.15% | View data |
| 3 | 3 France | 6.3 | 2023 | -0.12% | +1.79% | View data |
| 4 | 4 Italy | 5.69 | 2023 | -0.13% | +0.34% | View data |
| 5 | 5 Austria | 5 | 2023 | +3.46% | +2.94% | View data |
| 6 | 6 Belgium | 4.8 | 2023 | +1.91% | +1.93% | View data |
| 7 | 7 Spain | 4.57 | 2023 | +0.5% | +0.82% | View data |
| 8 | 8 Norway | 4.1 | 2023 | +2.06% | -0.52% | View data |
| 9 | 9 Sweden | 3.72 | 2023 | +2.3% | +1.14% | View data |
| 10 | 10 Switzerland | 2.51 | 2023 | +0.14% | +0.59% | View data |
