The European wages and salaries in the non-ferrous metals sector exhibit stark contrasts across countries. In 2023, Germany led with 5.37 billion euros, followed by Italy at 1.28 billion. Spain and Austria trailed with 0.629 and 0.614 billion euros, respectively. Lesser figures were seen in the Netherlands (0.245), Finland (0.185), Slovenia (0.162), and Greece (0.157 billion euros). Year-on-year changes in 2023 varied, with Slovenia experiencing a 3.92% increase, while the Netherlands and Greece recorded declines of -1.33% and -1.15%, respectively.
Future trends to watch include:
- Potential influence of green energy shifts and sustainability practices, impacting industry investments and wages.
- Continued economic developments may drive wage fluctuations, with Eastern European countries potentially seeing growth due to industrial expansion.
- Technological advancements and automation might lead to a redistribution of skilled labor, affecting salary structures across countries.
Top countries in Wages and Salaries in Non-Ferrous Metals by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,370 | 2023 | +1.78% | +1.7% | View data |
| 2 | 2 Italy | 1,280 | 2023 | +0.71% | +0.91% | View data |
| 3 | 3 Spain | 629 | 2023 | -0.79% | -0.53% | View data |
| 4 | 4 Austria | 614.03 | 2023 | +0.9% | +1.75% | View data |
| 5 | 5 Netherlands | 245 | 2023 | -1.21% | -1.33% | View data |
| 6 | 6 Finland | 185 | 2023 | +1.09% | +0.89% | View data |
| 7 | 7 Slovenia | 161.72 | 2023 | +3.56% | +3.92% | View data |
| 8 | 8 Greece | 157.46 | 2023 | +0.88% | -1.15% | View data |
