In 2023, Italy led the European sea and coastal passenger water transport sector with wages and salaries totaling 28.31 million Euros. The UK and Norway followed, accounting for 13.87 and 12.72 million Euros respectively. Notably, Croatia and Iceland experienced the largest year-on-year wage increases at 8.69% and 9.81%. Conversely, larger economies like France and Germany reported more modest growth at 0.16% and 0.76%. Over the past five years, the compound annual growth rate reflects steady expansion, with emerging markets and smaller nations showing the highest growth potential across Europe.
Future trends suggest increased investment in eco-friendly transport, pushing sectors toward greener technologies. Additionally, geopolitical shifts and tourism trends could impact wage structures, as could innovations in logistics and maritime technology. Monitoring technological advancements and environmental policies will be essential for predicting future market shifts in European maritime salaries.
Top countries in Wages and Salaries of Sea and Coastal Passenger Water Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.31 | 2023 | +10.29% | +4.58% | View data |
| 2 | 2 United Kingdom | 13.87 | 2023 | +1.29% | +1.17% | View data |
| 3 | 3 Norway | 12.72 | 2023 | +6.16% | +1.56% | View data |
| 4 | 4 Greece | 8.09 | 2023 | +7% | +4.02% | View data |
| 5 | 5 Denmark | 8.06 | 2023 | +3% | +4.2% | View data |
| 6 | 6 Sweden | 6.81 | 2023 | +3.44% | +0.57% | View data |
| 7 | 7 Finland | 5.81 | 2023 | +9.08% | +1.4% | View data |
| 8 | 8 France | 5.7 | 2023 | +4.39% | +0.16% | View data |
| 9 | 9 Germany | 4.3 | 2023 | +2.83% | +0.76% | View data |
| 10 | 10 Spain | 3.94 | 2023 | +10.52% | +4.73% | View data |
