European Motor Vehicles, Trailers and Semi-Trailers Gross Value Added Per Employee FTE by Country

In 2023, Sweden led the European countries in Gross Value Added per Employee FTE in the Motor Vehicles, Trailers, and Semi-Trailers sector, with an output of 134.0 thousand Euros, followed closely by Germany and the UK at 131.2 thousand Euros. Long-standing automotive powerhouses France, Italy, and Spain exhibited moderate values, while Eastern European markets like the Czech Republic and Hungary were on the lower end, reflecting differing economic structures and stages of industrial development. Notably, Eastern European countries had considerably lower values, indicating potential growth opportunities through increased productivity and technological improvements.

Looking ahead, the European automotive industry may experience shifts due to technological advancements, particularly in electric vehicles and automation, as these innovations aim to reshape productivity levels. Additionally, ongoing economic transformations and increasing environmental regulations will likely impact the sector's productivity and regional competitiveness. Staying ahead of technological changes and leveraging automation could drive significant enhancements in Gross Value Added per Employee across European regions in the coming years.