The European wages and salaries in the computer, electronic, and optical products manufacturing sector show considerable variation by country in 2023. Germany leads with 22.88 billion euros, followed by Finland at 1.06 billion euros. Spain, Portugal, Lithuania, Slovenia, and Slovakia have significantly lower wages, with values ranging from 0.884 billion to 0.20597 billion euros. Year-on-year analysis reveals Germany, Spain, Lithuania, and Slovenia experienced positive growth in 2023, while Finland, Portugal, and Slovakia saw declines. Lithuania's 21.03% growth is particularly notable.
Future trends to watch include potential continued expansion in Lithuania due to its strong recent growth. Germany's established dominance suggests stability, though market shifts in technology could influence future wages. Economic conditions, policy changes, and technological advancements will shape the landscape of wages and salaries across these European countries.
Top countries in Wages and Salaries in Computer, Electronic and Optical Products Manufacturing by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,880 | 2023 | +3.11% | +2.93% | View data |
| 2 | 2 Finland | 1,060 | 2023 | -5.28% | -3.73% | View data |
| 3 | 3 Spain | 884 | 2023 | -6.46% | +2.86% | View data |
| 4 | 4 Portugal | 249.39 | 2023 | +0.63% | -2.21% | View data |
| 5 | 5 Lithuania | 224.95 | 2023 | +12.92% | +21.03% | View data |
| 6 | 6 Slovenia | 215.46 | 2023 | +8.81% | +8.95% | View data |
| 7 | 7 Slovakia | 205.97 | 2023 | +1.01% | -0.32% | View data |