In 2023, Germany led in European wages and salaries in activities auxiliary to financial services and insurance, with 37.47 million euros. France followed with 31.45 million euros. Significant figures included the Netherlands (7.64 million) and Ireland (6.47 million). Germany saw a 3.19% year-on-year increase and France 3.59%. Other notable growths included Ireland at 3.5% and Belgium at 3.35%. Conversely, Greece witnessed a decline of 6.84%. The five-year CAGR showed consistent growth across the region, with variations in individual countries.
Future trends to watch include technological advancements that may streamline financial services, influencing wage allocations, and the influence of regulatory changes on the distribution of salaries. The expected economic climate and potential volatility in financial markets could also sway employment costs in this sector. Monitoring governmental policies and cross-border financial activities will be essential in forecasting these trends.
Top countries in Wages and Salaries in Activities Auxiliary to Financial Service and Insurance Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.47 | 2023 | +2.7% | +3.19% | View data |
| 2 | 2 France | 31.45 | 2023 | +3.1% | +3.59% | View data |
| 3 | 3 Netherlands | 7.64 | 2023 | +1.54% | +1.51% | View data |
| 4 | 4 Ireland | 6.47 | 2023 | +3.7% | +3.5% | View data |
| 5 | 5 Belgium | 4.62 | 2023 | +2.36% | +3.35% | View data |
| 6 | 6 Spain | 4.46 | 2023 | +2.36% | +2.42% | View data |
| 7 | 7 Luxembourg | 3.96 | 2023 | +3.19% | +3.11% | View data |
| 8 | 8 Austria | 1.71 | 2023 | +1.93% | +1.98% | View data |
| 9 | 9 Finland | 1.71 | 2023 | +2.6% | +2.63% | View data |
| 10 | 10 Greece | 0.29 | 2023 | -8.92% | -6.84% | View data |
