Germany leads with a significant share of 50.49 million Euros, followed by France (13.36) and Italy (11.46). Poland and Lithuania showed remarkable year-on-year growth rates of 9.24% and 18.98%, respectively. Conversely, Sweden and Slovenia experienced notable declines of -6.73% and -14.19%.
Monitoring the growth in Eastern European countries such as Poland and Romania is essential, as they demonstrate strong upward trends. The Southwestern European region shows volatility, and it is vital to watch for potential recoveries or further declines. Additionally, advancements in automation and technology may impact wage structures moving forward.
Top countries in Metal Manufacturing Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.49 | 2023 | +5.75% | +1.49% | View data |
| 2 | 2 France | 13.36 | 2023 | +1.1% | +1.21% | View data |
| 3 | 3 Italy | 11.46 | 2023 | +1.52% | +1.01% | View data |
| 4 | 4 Spain | 6.73 | 2023 | +0.18% | -1.18% | View data |
| 5 | 5 United Kingdom | 4.23 | 2023 | -0.98% | -0.97% | View data |
| 6 | 6 Austria | 2.83 | 2023 | +3% | +2.51% | View data |
| 7 | 7 Netherlands | 2.66 | 2023 | +0.8% | +0.34% | View data |
| 8 | 8 Poland | 1.47 | 2023 | +12.9% | +9.24% | View data |
| 9 | 9 Switzerland | 1.43 | 2023 | -0.95% | -2.38% | View data |
| 10 | 10 Czech Republic | 0.88 | 2023 | +4.64% | +1.17% | View data |
