The 2023 data indicates that Italy leads the European countries with the highest Gross Value Added Per Employee FTE in the watches and clocks sector at 146.2 thousand Euros. It is followed closely by Belgium, with Austria and France also showing strong values. Lower on the spectrum, Poland, Croatia, Czech Republic, and Portugal exhibit relatively lower values. The year-on-year variations are nil.
Future trends to watch include potential shifts in consumer preferences towards smartwatches and increased digitalization, which could influence productivity and value generation across countries. Additionally, sustainability practices and technological advancements may also play pivotal roles in shaping the sector's landscape in the coming years.
Top countries in Watches and Clocks Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Italy | 146.2 | 2023 | View data |
| 2 | 2 Belgium | 138.1 | 2023 | View data |
| 3 | 3 Austria | 100 | 2023 | View data |
| 4 | 4 France | 94 | 2023 | View data |
| 5 | 5 Finland | 91.1 | 2023 | View data |
| 6 | 6 United Kingdom | 79.2 | 2023 | View data |
| 7 | 7 Germany | 67.7 | 2023 | View data |
| 8 | 8 Spain | 67.3 | 2023 | View data |
| 9 | 9 Sweden | 64.1 | 2023 | View data |
| 10 | 10 Lithuania | 59.2 | 2023 | View data |
