The ICT sector's contribution to GDP varies across Europe, with Bulgaria leading at 4.4%, followed by Serbia at 3.9%. From 2022 to 2023, Bulgaria experienced a slight growth of 4.68%, while Serbia saw a substantial rise of 16.72%. Estonia and Lithuania also exhibited significant increases, with Estonia growing by 7.84% and Lithuania by 14.87%. On the other hand, Norway faced a decline of 2.33%, indicative of differing regional dynamics.
Future trends to watch involve the continual digital transformation driving wage and sector growth, with Eastern European countries likely to experience further uplift due to emerging technological hubs and multinational investments.
Top countries in ICT Wages and Salaries by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 4.4 | 2023 | +4.76% | +4.68% | View data |
| 2 | 2 Serbia | 3.9 | 2023 | +14.71% | +16.72% | View data |
| 3 | 3 Estonia | 3.5 | 2023 | +6.06% | +7.84% | View data |
| 4 | 4 Latvia | 3.3 | 2023 | +3.12% | +4.1% | View data |
| 5 | 5 United Kingdom | 3.1 | 2023 | 0% | +0.66% | View data |
| 6 | 6 Lithuania | 2.8 | 2023 | +7.69% | +14.87% | View data |
| 7 | 7 Malta | 2.7 | 2023 | +8% | +2.38% | View data |
| 8 | 8 Romania | 2.7 | 2023 | +3.85% | +4.18% | View data |
| 9 | 9 Switzerland | 2.7 | 2023 | 0% | +2.38% | View data |
| 10 | 10 Finland | 2.7 | 2023 | 0% | +2.38% | View data |
