The analysis of European Oil and Gas Extraction Wages and Salaries Share by Country for 2023 indicates the United Kingdom leads substantially with 65.81 million euros. The Netherlands follows with 14.56 million euros, Denmark with 9.26 million euros, Estonia at 1.91 million euros, Spain with 1.4 million euros, Lithuania at 0.09 million euros, Hungary with 0.077 million euros, and Italy with 0.037 million euros. Over the last two years, notable year-on-year variations include significant increases in Spain (18.93%) and Hungary (30.6%), while Italy saw a dramatic decrease of 63.79%. Over a broader five-year period, the Compound Annual Growth Rate (CAGR) provides insights into longer-term trends.
Future trends to watch for in the European Oil and Gas Extraction Wages and Salaries Share by Country may include continued growth in emergent markets like Spain and Hungary. Additionally, the overall economic and policy environment, technological advancements, and investment in renewable energy sources may influence wage and salary distributions within the sector.
Top countries in Oil and Gas Extraction Wages and Salaries Share by Country (Million Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 65.81 | 2023 | -1.6% | -0.5% | View data |
| 2 | 2 Netherlands | 14.56 | 2023 | +4.04% | +0.76% | View data |
| 3 | 3 Denmark | 9.26 | 2023 | +4.72% | -5.18% | View data |
| 4 | 4 Estonia | 1.91 | 2023 | +8.55% | -2.45% | View data |
| 5 | 5 Spain | 1.4 | 2023 | -2.27% | +18.93% | View data |
| 6 | 6 Lithuania | 0.09 | 2023 | -4.35% | -2.52% | View data |
| 7 | 7 Hungary | 0.077 | 2023 | 0% | +30.6% | View data |
| 8 | 8 Italy | 0.037 | 2023 | -98.04% | -63.79% | View data |
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