The data on European Ornamental, Building Stone, Limestone, Gypsum, Chalk, and Slate Quarrying Wages and Salaries reveals varying trends across countries. The United Kingdom leads with the highest wages at 753.3 million euros, marking a modest growth of 2.59% in 2023. Germany follows with significant growth at 3.7%. Italy, Spain, and Poland show slight downturns. Noteworthy increases occurred in Ireland, Portugal, Belgium, and Austria. Serbia and Hungary had remarkable spikes, while smaller economies like Iceland and Lithuania recorded the highest percentage growth, despite their lower wage figures. Conversely, Finland had the most significant decline at 5.41%.
Future trends to watch include:
- Continued wage growth in stable markets like Germany and Austria.
- Potential for catch-up growth in emerging markets such as Serbia and Hungary.
- Sustained increase in countries recovering from economic disparities, such as Lithuania and Iceland.
- The impact of broader economic conditions and skill shortages on wage trends across Europe.
- Possible fluctuations due to geopolitical factors and EU economic policies influencing industry wages.
Top countries in Ornamental, Building Stone, Limestone, Gypsum, Chalk and Slate Quarrying Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 753.3 | 2023 | +3.66% | +2.59% | View data |
| 2 | 2 Germany | 548.5 | 2023 | +3.21% | +3.7% | View data |
| 3 | 3 Italy | 169.7 | 2023 | +3.22% | -0.22% | View data |
| 4 | 4 Spain | 108.5 | 2023 | -1.18% | -1.46% | View data |
| 5 | 5 Poland | 95.9 | 2023 | +0.42% | -2.49% | View data |
| 6 | 6 Ireland | 71.1 | 2023 | +4.87% | +4.17% | View data |
| 7 | 7 France | 70.6 | 2023 | -1.94% | -0.17% | View data |
| 8 | 8 Portugal | 67.7 | 2023 | +1.96% | +3.57% | View data |
| 9 | 9 Belgium | 58 | 2023 | +0.35% | +3.22% | View data |
| 10 | 10 Norway | 54.5 | 2023 | +0.55% | +1.26% | View data |
