Electric power sector wages in Europe show significant disparity, with Germany leading at €19.33 billion. France follows with €7.99 billion, while the UK and Italy show lower figures of €4.34 billion and €3.26 billion, respectively. Hungary and Lithuania had notable increases of over 14% in 2023, while Iceland saw a decrease of 5.69%. Austria, Switzerland, and the Czech Republic experienced steady growth. Meanwhile, Spain and Belgium registered declines. The five-year trend indicates moderate growth across the region with varying CAGRs.
Future trends to watch for include:
- Technological advancements driving skilled labor demand.
- Potential wage adjustments due to energy transition policies.
- Economic pressures affecting less economically robust countries.
- Investments in renewable energy influencing wage growth in certain markets.
Top countries in Electric Power Generation, Transmission and Distribution Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19,330 | 2023 | +5.36% | +5.2% | View data |
| 2 | 2 France | 7,990 | 2023 | +2.04% | +1.85% | View data |
| 3 | 3 United Kingdom | 4,340 | 2023 | +1.13% | +1.02% | View data |
| 4 | 4 Italy | 3,260 | 2023 | +1.64% | +0.97% | View data |
| 5 | 5 Switzerland | 2,800 | 2023 | +1.6% | +3.01% | View data |
| 6 | 6 Poland | 2,250 | 2023 | +1.97% | +4.33% | View data |
| 7 | 7 Austria | 1,970 | 2023 | +2.32% | +2.45% | View data |
| 8 | 8 Spain | 1,900 | 2023 | +0.13% | -0.11% | View data |
| 9 | 9 Belgium | 1,890 | 2023 | +2.46% | -2.32% | View data |
| 10 | 10 Netherlands | 1,720 | 2023 | +0.53% | +0.7% | View data |
