As of 2023, Germany leads European wages and salaries in retail trade, excluding motor vehicles and motorcycles, at 72.24 billion euros, followed by France and Italy. Smaller markets like Estonia and Luxembourg register lower figures. Year-on-year growth indicates a modest increase for most nations, with Slovakia and Estonia observing the highest increases at 3.6% and 3.18%, respectively. Over the last five years, these countries experience varied growth rates driven by economic conditions, inflation, and labor market performance.
Future trends to watch include:
- Technology and automation impact on retail wages.
- Evolving EU labor regulations affecting salary dynamics.
- Economic resilience amid fiscal challenges potentially affecting wage growth.
- Changing consumer behavior influencing retail employment structures.
Top countries in Wages and Salaries in Retail Trade (Except of Motor Vehicles and Motorcycles) by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 72,240 | 2023 | +1.9% | +2.19% | View data |
| 2 | 2 France | 52,390 | 2023 | +1.69% | +1.88% | View data |
| 3 | 3 Italy | 27,720 | 2023 | +1.7% | +1.5% | View data |
| 4 | 4 Spain | 25,220 | 2023 | +1.28% | +1.22% | View data |
| 5 | 5 Netherlands | 12,710 | 2023 | +1.38% | +1.25% | View data |
| 6 | 6 Austria | 9,000 | 2023 | +1.99% | +1.96% | View data |
| 7 | 7 Belgium | 8,690 | 2023 | +1.78% | +1.93% | View data |
| 8 | 8 Ireland | 4,920 | 2023 | +1.77% | +2.23% | View data |
| 9 | 9 Finland | 4,130 | 2023 | +1.4% | +1.47% | View data |
| 10 | 10 Greece | 3,060 | 2023 | +0.34% | +0.45% | View data |
