In 2023, Germany dominated European wages and salaries in computer, electronic, and optical products with a substantial share of €60.24 million, followed by France at €12.48 million, and Italy at €10.51 million. Germany experienced a 2.42% year-on-year increase, while France and Italy also saw positive growth. On the other hand, Finland and Spain showed declines with -2.74% and -3.15% respectively. Over the past five years, these countries have generally seen moderate to steady growth, with notable annual increases in Estonia and Lithuania.
Future trends to watch in this sector include:
- Potential tech advancements and investments in smaller markets like Estonia and Lithuania, which may drive sector performance.
- Post-pandemic economic recovery possibly leading to increased manufacturing and tech industry demand.
- Germany's sustained leadership position, likely continuing to influence trends across Europe.
- Green and digital transitions could reshape sector priorities and investments, impacting wage distribution.
Top countries in Wages and Salaries in Computer, Electronic and Optical Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 60.24 | 2023 | +2.11% | +2.42% | View data |
| 2 | 2 France | 12.48 | 2023 | +0.26% | +0.63% | View data |
| 3 | 3 Italy | 10.51 | 2023 | +0.86% | +0.82% | View data |
| 4 | 4 Netherlands | 4.82 | 2023 | +1.19% | +1.41% | View data |
| 5 | 5 Austria | 4.03 | 2023 | +1.42% | +1.05% | View data |
| 6 | 6 Finland | 3.01 | 2023 | -2.87% | -2.74% | View data |
| 7 | 7 Spain | 1.87 | 2023 | -2.95% | -3.15% | View data |
| 8 | 8 Belgium | 1.77 | 2023 | -0.031% | +0.78% | View data |
| 9 | 9 Slovenia | 0.37 | 2023 | +0.58% | -0.3% | View data |
| 10 | 10 Estonia | 0.29 | 2023 | +3.05% | +2.83% | View data |
