In 2023, European wages and salaries in Convention and Trade Fairs revealed Germany leading with €1.78 billion, followed by France and the UK at €0.945 billion and €0.8 billion respectively. Spain and Italy demonstrated moderate figures, with values of €0.4168 and €0.3694 billion, respectively. The year-on-year variation showed robust growth in Austria and Luxembourg at 14.14% and 12.68%, while Croatia surged by 41.24%. However, Finland, Greece, and Slovakia faced declines. Over the last five years, Croatia exhibited the most substantial yearly growth rate, with Italy and Slovenia also showing notable increases.
Future trends to watch include increasing digitalization, which may alter traditional event frameworks, potentially affecting employment structures within conventions and trade fairs. Environmental sustainability efforts could also influence wage trends as companies adapt to greener practices. Continued investment in innovation and technology within this sector could further drive growth, especially in promising markets like Croatia and Austria. Additionally, economic stability and investor confidence in Europe will remain crucial to sustaining positive momentum in the wages and salaries of this sector.
Top countries in Wages and Salaries of Organisation of Conventions and Trade Fairs by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,780 | 2023 | +9.87% | +2.26% | View data |
| 2 | 2 France | 945.3 | 2023 | +12.46% | +3.66% | View data |
| 3 | 3 United Kingdom | 800 | 2023 | +1.81% | +1.86% | View data |
| 4 | 4 Spain | 416.8 | 2023 | +8.68% | +3.26% | View data |
| 5 | 5 Italy | 369.4 | 2023 | +10.67% | +6.1% | View data |
| 6 | 6 Switzerland | 241.9 | 2023 | +3.11% | +0.12% | View data |
| 7 | 7 Austria | 176.5 | 2023 | +16.81% | +14.14% | View data |
| 8 | 8 Denmark | 113.4 | 2023 | +8.83% | +2.47% | View data |
| 9 | 9 Poland | 100.4 | 2023 | +13.57% | +7.27% | View data |
| 10 | 10 Sweden | 98.4 | 2023 | +0.2% | +0.83% | View data |