In 2023, Germany led the European ICT wages sector with a substantial value, followed by the UK and France. The Netherlands and Spain also showed significant figures. Many countries exhibited growth in 2023, with Portugal, Bulgaria, and Lithuania standing out due to double-digit increases. Conversely, Iceland and Norway faced declines. Over five years, strong growth was seen in Eastern European countries like Romania, while most Western Europe displayed moderate yet stable growth patterns.
Future trends to watch include the continual rise of ICT wages in Eastern Europe, driven by the sector's expansion and digital transformation initiatives. Sustainability and economic stability will be crucial factors in maintaining growth across Europe. Pay disparities between Western and Eastern Europe may narrow as more mature ICT markets begin to stabilize.
Top countries in Wages and Salaries of ICT by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 80,400 | 2023 | +3.43% | +2.81% | View data |
| 2 | 2 United Kingdom | 59,340 | 2023 | +0.8% | +0.76% | View data |
| 3 | 3 France | 49,920 | 2023 | +2.72% | +3.04% | View data |
| 4 | 4 Netherlands | 19,800 | 2023 | +5.38% | +7.02% | View data |
| 5 | 5 Spain | 19,300 | 2023 | +2.14% | +2.47% | View data |
| 6 | 6 Italy | 18,840 | 2023 | +1.07% | +0.81% | View data |
| 7 | 7 Switzerland | 17,330 | 2023 | +3.74% | +5.42% | View data |
| 8 | 8 Sweden | 12,590 | 2023 | +2.7% | +3.53% | View data |
| 9 | 9 Ireland | 9,890 | 2023 | +6.47% | +8.57% | View data |
| 10 | 10 Poland | 9,560 | 2023 | +4.92% | +6.34% | View data |
