Forecast: Employees in Agricultural Products and Livestock Sector in Austria

The Agricultural Products and Livestock Sector in Austria displayed varied growth from 2013 to 2023, peaking at 26.3 thousand jobs in 2023. Year-over-year growth was inconsistent, with notable increases from 2014 to 2018, a slight dip in 2019 and 2020, followed by a resurgence in 2021, and a marginal decline in 2022. The period marked an overall decrease in the Compound Annual Growth Rate (CAGR) from 3.56% in 2013 to 1.08% by 2023.

Future trends to watch for include:

  • Stable but moderate job growth expected, with a forecasted CAGR of 0.6% through 2028.
  • Adoption of advanced agricultural technologies and sustainable practices.
  • Potential impacts from global economic conditions and policy changes on local employment levels.

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