In 2023, Germany led the European wages and salaries in the rubber and plastics products, and other non-metallic mineral products sector with €51.29 million. Italy and Spain followed, with €17.28 million and €8.66 million, respectively. While Germany, Austria, Belgium, the Netherlands, and Luxembourg showed positive trends, Spain and Greece witnessed declines. Slovakia, Ireland, Slovenia, Lithuania, and Estonia manifested notable year-on-year increases, with Slovakia leading at 3.93%. The compound annual growth rate (CAGR) for the last five years highlights consistent growth in this sector across most European countries.
Future trends to watch include potential shifts due to economic conditions, technological advancements, and regulatory changes impacting wages and salaries within the industry. Continued growth might be expected, especially in countries with strong industrial support and innovation in production methods.
Top countries in Wages and Salaries in Rubber and Plastics Products, and Other Non-metallic Mineral Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.29 | 2023 | +1.51% | +1.57% | View data |
| 2 | 2 Italy | 17.28 | 2023 | +0.49% | +0.51% | View data |
| 3 | 3 Spain | 8.66 | 2023 | -0.85% | -1% | View data |
| 4 | 4 Austria | 5.18 | 2023 | +1.35% | +1.28% | View data |
| 5 | 5 Belgium | 4.8 | 2023 | +1.34% | +1.75% | View data |
| 6 | 6 Netherlands | 4.34 | 2023 | +0.99% | +0.88% | View data |
| 7 | 7 Finland | 1.96 | 2023 | +0.63% | +0.42% | View data |
| 8 | 8 Slovakia | 1.68 | 2023 | +3.19% | +3.93% | View data |
| 9 | 9 Ireland | 1.31 | 2023 | +1.8% | +2.71% | View data |
| 10 | 10 Slovenia | 1.05 | 2023 | +2.39% | +2.15% | View data |
