European Machinery for Mining, Quarrying and Construction Turnover Per Employee by Country

In 2023, Sweden led the European Machinery for Mining, Quarrying, and Construction Turnover per Employee at 741.3 thousand Euros, significantly outpacing Iceland and Finland. There was a wide discrepancy across Europe, with countries like Serbia and Bosnia and Herzegovina trailing at 39.8 and 50.0 thousand Euros, respectively. Nordic countries generally performed well, maintaining higher efficiency, with the UK and Germany close yet notably lower. The variations over the last two years remained stable, with no significant changes noted.

Future trends to watch include a potential increase in turnover per employee driven by technological advancements and automation in machinery sectors, particularly in Western and Northern Europe. Countries aiming to catch up may focus on innovation and enhanced operational efficiencies to boost their performance metrics.