The European wages and salaries in residential care and social work services exhibit varied trends across countries. In 2023, the Netherlands leads significantly, with higher wages compared to other countries. Spain, Belgium, and Finland also maintain strong positions, reflecting consistent investment and sectoral growth. Notably, Slovenia and Slovakia show exceptional growth rates, indicating increasing sectoral importance, while Greece experiences a slight decline, highlighting potential economic challenges. Estonian wages surged nearly 10%, suggesting robust market dynamics. Overall, the CAGR indicates healthy expansion across most nations, driven by greater emphasis on social services.
Future trends to watch include shifts in demographic needs, policy changes affecting care funding, and the integration of technology within care frameworks. Observing these factors will provide insights into the evolving landscape of European wages and the prioritization of private versus public sector involvement.
Top countries in Wages and Salaries in Residential Care and Social Work Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 34.01 | 2023 | +1.39% | +2.45% | View data |
| 2 | 2 Spain | 20.77 | 2023 | +2.91% | +4.73% | View data |
| 3 | 3 Belgium | 16.76 | 2023 | +2.96% | +3.23% | View data |
| 4 | 4 Finland | 12.82 | 2023 | +2.58% | +3.81% | View data |
| 5 | 5 Austria | 8.86 | 2023 | +3.31% | +3.6% | View data |
| 6 | 6 Portugal | 3.79 | 2023 | +4.12% | +4.32% | View data |
| 7 | 7 Slovenia | 0.99 | 2023 | +10.88% | +13.18% | View data |
| 8 | 8 Slovakia | 0.87 | 2023 | +9.71% | +12.7% | View data |
| 9 | 9 Greece | 0.8 | 2023 | -1.06% | -0.52% | View data |
| 10 | 10 Estonia | 0.23 | 2023 | +7.87% | +9.99% | View data |
