In 2023, Germany and France led in wages and salaries for road and railway construction, comprising the largest shares of European expenditures. Germany exhibited modest growth at 4.33%, while France followed with a 2.41% increase. Notably, Austria, Poland, and Romania showed strong annual growth rates of 5.16%, 8.58%, and 8.96%, respectively. Conversely, Spain saw a decline of 3.55%, alongside other decreases in Belgium and Greece.
Across a five-year horizon, Bulgaria indicated notable growth as emerging markets in Eastern Europe like Romania and Poland demand more infrastructure development. Meanwhile, Western Europe continues to maintain stable growth.
Future trends to monitor involve Eastern European growth due to EU funding and expansions in transport infrastructure. Sustainability projects may influence wage structures in Western Europe as green initiatives gain traction.
Top countries in Wages and Salaries in Construction of Roads and Railways Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.23 | 2023 | +4.2% | +4.33% | View data |
| 2 | 2 France | 18.94 | 2023 | +3.47% | +2.41% | View data |
| 3 | 3 United Kingdom | 6.95 | 2023 | +1.35% | +1.28% | View data |
| 4 | 4 Spain | 6.18 | 2023 | -4.53% | -3.55% | View data |
| 5 | 5 Austria | 5.69 | 2023 | +2.62% | +5.16% | View data |
| 6 | 6 Poland | 5.48 | 2023 | +3.58% | +8.58% | View data |
| 7 | 7 Netherlands | 4.93 | 2023 | +0.59% | +1.35% | View data |
| 8 | 8 Italy | 4.81 | 2023 | +0.29% | +0.72% | View data |
| 9 | 9 Switzerland | 3.67 | 2023 | -0.47% | +0.48% | View data |
| 10 | 10 Norway | 3.13 | 2023 | +3.66% | +3.25% | View data |
