The analysis of European wages and salaries for renting and operating on-owned or leased real estate in 2023 shows significant disparities among countries. Germany leads with a highest value, followed closely by the United Kingdom and France, while southern and eastern European countries, like Portugal and Macedonia, show lower values. Notable year-on-year increases include Germany, Poland, and Switzerland, highlighting regional economic resilience. Countries with declining trends include France and Norway. Additionally, Lithuania exhibits the most substantial year-on-year growth, reflecting significant shifts in Eastern European markets.
Looking ahead, Europe's real estate sector faces challenges and opportunities. Watch for technological advancements, sustainability trends, and policy changes impacting the sector. The growth in Eastern European regions suggests fruitful potential for further investment. Geopolitical stability and economic recovery post-pandemic will be crucial factors affecting future wage and salary trends in the real estate sector.
Top countries in Wages and Salaries of Renting and Operating of Own or Leased Real Estate Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.68 | 2023 | +8.9% | +6.45% | View data |
| 2 | 2 United Kingdom | 21.21 | 2023 | +1.41% | +1.4% | View data |
| 3 | 3 France | 14.99 | 2023 | +2.14% | -0.28% | View data |
| 4 | 4 Spain | 5.88 | 2023 | +1.15% | +1.91% | View data |
| 5 | 5 Denmark | 5.51 | 2023 | +4.29% | +4.38% | View data |
| 6 | 6 Sweden | 5.51 | 2023 | +0.5% | +1.06% | View data |
| 7 | 7 Netherlands | 4.47 | 2023 | -1.01% | -0.59% | View data |
| 8 | 8 Austria | 2.51 | 2023 | +1.06% | +2.5% | View data |
| 9 | 9 Poland | 2.32 | 2023 | +4.19% | +6.26% | View data |
| 10 | 10 Italy | 2.21 | 2023 | +3.05% | +0.15% | View data |
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