In 2023, Sweden leads European countries in Gross Value Added (GVA) per employee FTE in fasteners and screw machine products, followed by Italy and Belgium. This figure demonstrates significant industrial efficiency variation across Europe. Northern and Western European nations generally outperform Eastern and Southern counterparts.
Future trends to watch include technological advancements that could boost productivity, particularly in lower-GVA countries seeking to close the efficiency gap. Automation and digitalization will likely continue to shape the industry's landscape, along with increasing pressure for sustainable practices. Monitoring these trends will be crucial for understanding the trajectory of GVA variations in this sector across Europe.
Top countries in Fasteners and Screw Machine Products Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Sweden | 116.6 | 2023 | View data |
| 2 | 2 Italy | 105.1 | 2023 | View data |
| 3 | 3 Belgium | 99.3 | 2023 | View data |
| 4 | 4 France | 98.1 | 2023 | View data |
| 5 | 5 Germany | 76.1 | 2023 | View data |
| 6 | 6 Finland | 69.9 | 2023 | View data |
| 7 | 7 Spain | 65.8 | 2023 | View data |
| 8 | 8 United Kingdom | 62.2 | 2023 | View data |
| 9 | 9 Portugal | 43.3 | 2023 | View data |
| 10 | 10 Czech Republic | 36.1 | 2023 | View data |