In 2023, Italy led the European electricity distribution wages and salaries sector with the highest share, despite a 2.56% decrease from the previous year. Belgium and Austria followed, with slight increases of 0.55% and 0.82% respectively. Hungary showed the most substantial growth at 17.6%, while Lithuania also had a significant rise of 14.23%. Greece and Sweden maintained a moderate increase of around 3% each. Finland and Bulgaria saw minor increases, whereas Croatia and Iceland experienced declines.
Future trends to watch include continued growth in Hungary and Lithuania, driven by sectoral investments and demand. Italy may need strategic adjustments to maintain its lead, while emerging economies like Greece and Sweden could further capitalize on evolving market conditions to increase their share in the coming years.
Top countries in Electricity Distribution Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16.43 | 2023 | -1.84% | -2.56% | View data |
| 2 | 2 Belgium | 16.37 | 2023 | +0.46% | +0.55% | View data |
| 3 | 3 Austria | 13.98 | 2023 | +0.6% | +0.82% | View data |
| 4 | 4 Spain | 12.74 | 2023 | -0.38% | -0.61% | View data |
| 5 | 5 Hungary | 11.34 | 2023 | +24.87% | +17.6% | View data |
| 6 | 6 Sweden | 8.91 | 2023 | +1.85% | +1.72% | View data |
| 7 | 7 Greece | 6 | 2023 | +1.33% | +2.99% | View data |
| 8 | 8 Finland | 2.8 | 2023 | +0.076% | +0.73% | View data |
| 9 | 9 Croatia | 2.47 | 2023 | -2.03% | -0.86% | View data |
| 10 | 10 Lithuania | 2.34 | 2023 | +9.32% | +14.23% | View data |
