The European landscape for wages and salaries in business and management consultancy is marked by significant variance among countries. In 2023, the UK led with the highest value at 22.36 billion euros, with Germany and France trailing. Emerging markets like Romania and Bulgaria showed robust growth rates of 9% or more. Conversely, Norway experienced a decline. Over the past five years, countries like Malta and Lithuania demonstrated high compound annual growth rates, indicative of rapidly developing consultancy sectors.
Future trends to watch include the potential for growth in Eastern European countries, driven by digital transformation and increasing demand for consultancy services. Additionally, potential economic fluctuations may impact salary trends across the region, especially with differing inflation rates and economic policies among countries.
Top countries in Wages and Salaries of Business and Other Management Consultancy Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 22,360 | 2023 | +1.98% | +2.24% | View data |
| 2 | 2 Germany | 12,230 | 2023 | +3.6% | +3.12% | View data |
| 3 | 3 France | 9,830 | 2023 | +2.02% | +3.69% | View data |
| 4 | 4 Netherlands | 5,160 | 2023 | +1.81% | +3.03% | View data |
| 5 | 5 Spain | 3,600 | 2023 | +5.57% | +5.83% | View data |
| 6 | 6 Italy | 3,490 | 2023 | +2.04% | +2.49% | View data |
| 7 | 7 Sweden | 2,450 | 2023 | +0.82% | +0.19% | View data |
| 8 | 8 Poland | 1,900 | 2023 | +4.59% | +1.67% | View data |
| 9 | 9 Belgium | 1,900 | 2023 | +4.04% | +6.1% | View data |
| 10 | 10 Denmark | 1,410 | 2023 | +3.06% | +3.5% | View data |
