The European wages and salaries in the Buildings and Landscape Services sector demonstrate significant variation across countries. Germany leads with substantial expenditure, surpassing other countries by a considerable margin. The United Kingdom and France also maintain relatively high expenditures, whereas countries like Bulgaria and Bosnia and Herzegovina record minimal investments. Year-on-year variations reveal that Lithuania and Malta show the highest growth in percentages from 2023 to 2024. Moreover, Poland and Switzerland experienced commendable increases, while Norway and Iceland faced declines. The Compound Annual Growth Rate (CAGR) over the last five years indicates steady growth in most countries, highlighting a robust upward trend in this sector.
Future trends to watch include the expected growth in emerging markets such as Lithuania and Malta, which may continue their upward trajectory. Additionally, economic shifts or policy changes in higher-spending countries like Germany and the United Kingdom could significantly impact overall spending trends. Technological advancements and increased demand for sustainable landscape solutions may further drive investment in wages and salaries across Europe. Attention should also be given to political and economic uncertainties, which may impact future financial allocations within the sector.
Top countries in Wages and Salaries of Buildings and Landscape Services by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 21,990 | 2023 | +3.04% | +1.44% | View data |
2 | 2 United Kingdom | 13,710 | 2023 | +1.8% | +1.99% | View data |
3 | 3 France | 11,840 | 2023 | +2.42% | +2.79% | View data |
4 | 4 Spain | 8,890 | 2023 | +2.47% | +2.83% | View data |
5 | 5 Italy | 6,760 | 2023 | +1.6% | +1.4% | View data |
6 | 6 Switzerland | 4,570 | 2023 | +3.97% | +6.05% | View data |
7 | 7 Netherlands | 4,090 | 2023 | +4.7% | +5.04% | View data |
8 | 8 Belgium | 2,660 | 2023 | +6.32% | +3.81% | View data |
9 | 9 Sweden | 2,590 | 2023 | +3.19% | +4.92% | View data |
10 | 10 Austria | 2,240 | 2023 | +3.62% | +3.6% | View data |