European Wages and Salaries in Wholesale, Retail Trade and Repair of Motor Vehicles and Motorcycles by Country

In 2023, Germany leads in wages and salaries in the wholesale, retail trade and repair of motor vehicles and motorcycles sector, valued at 27.84 billion euros, with a year-on-year increase of 2.42%. France and Italy follow, exhibiting growth rates of 1.88% and 2.33%, respectively. Spain's growth was modest at 0.74%, while countries like Slovakia and Estonia showed stronger increases, each seeing growth above 3%. Greece saw a decline, shrinking by 1.26%. The five-year CAGR reflects a consistent upward trend across most of these nations in wages and salaries.

Future trends suggest a focus on technology-driven efficiencies and automation, which may influence labor costs. Additionally, diversifying into greener vehicles might shift wage distributions, fostering growth in skills training and employment within innovative sectors across Europe.

Top countries in Wages and Salaries in Wholesale, Retail Trade and Repair of Motor Vehicles and Motorcycles by Country

# 10 Countries Million Euros Last Year YoY 5-years CAGR
1 1 Germany 27,840 2023 +2.02% +2.42% View data
2 2 France 17,470 2023 +1.52% +1.88% View data
3 3 Italy 6,850 2023 +1.63% +2.33% View data
4 4 Spain 6,300 2023 +0.9% +0.74% View data
5 5 Netherlands 4,110 2023 +1.01% +0.8% View data
6 6 Belgium 3,280 2023 +1.76% +2.04% View data
7 7 Austria 2,930 2023 +1.82% +1.74% View data
8 8 Finland 1,750 2023 +2.04% +2.04% View data
9 9 Ireland 942.13 2023 +1.75% +1.78% View data
10 10 Greece 497.13 2023 -2.49% -1.26% View data

Top Countries about Retail