The jewellery industry wages and salaries in Austria exhibited a sluggish growth from 2013 to 2023, with minor fluctuations. In 2023, the series stood at 12.4 million euros, slightly up from the previous year, marking a modest 0.81% year-on-year increase. This reflects a continued albeit slow growth following the disruptions in 2020. Over the last five years, the compound annual growth rate (CAGR) of -0.16% underlines nearly stagnant growth.

Future trends to watch for:

Gradual, steady growth projected at an average of 0.32% CAGR from 2024-2028.
Anticipated stability with minor fluctuations, reaching 12.7 million euros by 2028.
Potential impacts of automation and technological advancements on wages.