In 2023, Switzerland led the market with the highest turnover per employee in the European weapons and ammunition sector at 442.9 thousand Euros, followed closely by Iceland at 431.4 thousand Euros. Spain and Germany also demonstrated strong figures, with 377.9 and 329.0 thousand Euros, respectively. Greece and Austria presented notable values as well, while Bulgaria and Serbia were on the lower end of the spectrum, with 30.9 and 27.1 thousand Euros per employee.
The year-on-year variations from 2023 to 2024 show moderate growth trends across various countries, with nil changes indicating stability. Over the last five years, the Compound Annual Growth Rate (CAGR) reflects the sector's average yearly performance, underscoring overall growth trends or declines in specific countries.
For future trends, watch for:
- Continuing technological advancements improving productivity and efficiency.
- Changing geopolitical climates potentially impacting demand and turnover.
- Regulatory changes across Europe affecting the competitive landscape.
- Increasing investment in innovation and high-tech weaponry influencing turnover rates.
- Economic factors and defense spending priorities within individual countries driving sector performance.
Top countries in Weapons and Ammunition Turnover Per Employee by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Switzerland | 442.9 | 2023 | View data |
| 2 | 2 Iceland | 431.4 | 2023 | View data |
| 3 | 3 Spain | 377.9 | 2023 | View data |
| 4 | 4 Germany | 329 | 2023 | View data |
| 5 | 5 Greece | 312 | 2023 | View data |
| 6 | 6 Austria | 274.8 | 2023 | View data |
| 7 | 7 Sweden | 271.6 | 2023 | View data |
| 8 | 8 Finland | 256 | 2023 | View data |
| 9 | 9 Italy | 255.4 | 2023 | View data |
| 10 | 10 Cyprus | 207.1 | 2023 | View data |
