In 2023, Germany led the European electricity, gas, steam, and air conditioning supply sector in wages and salaries, followed by France and the United Kingdom. Significant growth was seen in Hungary and Lithuania, with year-on-year increases of 9.58% and 10.88%, respectively. In contrast, Belgium and Iceland saw declines, with decreases of 2.63% and 3.41%, respectively. Notably, Ireland also experienced considerable growth at 6.37%.
Future trends to watch:
- Continued growth in Eastern European countries due to infrastructure development and investment, particularly in Hungary and Lithuania.
- Potential external economic factors, like energy policies and geopolitical tensions, affecting wage trends throughout Europe.
- Adoption of green technologies and transitions towards sustainable energy sources could impact wage structures.
Top countries in Electricity, Gas, Steam and Air Conditioning Supply Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.5 | 2023 | +4.98% | +4.97% | View data |
| 2 | 2 France | 15.48 | 2023 | +2.11% | +2.32% | View data |
| 3 | 3 United Kingdom | 9.3 | 2023 | +0.9% | +0.96% | View data |
| 4 | 4 Italy | 6.04 | 2023 | +1.23% | +0.82% | View data |
| 5 | 5 Poland | 4.55 | 2023 | +1.24% | +3.32% | View data |
| 6 | 6 Switzerland | 4.47 | 2023 | +2.68% | +4.02% | View data |
| 7 | 7 Spain | 3.25 | 2023 | +0.14% | -0.32% | View data |
| 8 | 8 Austria | 3.04 | 2023 | +1.63% | +1.97% | View data |
| 9 | 9 Belgium | 2.7 | 2023 | +1.96% | -2.63% | View data |
| 10 | 10 Sweden | 2.43 | 2023 | +1.19% | +2.05% | View data |
