The wages and salaries for the aircraft and spacecraft sector in Germany have shown a steady increase from 5.01 billion euros in 2013 to 7.13 billion euros in 2023. Year-on-year growth rates have varied, peaking at 14.53% in 2017 and dipping to -8.27% in 2016. The average annual growth rate over the last five years stands at 2.86%. The forecast suggests a continuous rise, reaching 7.9 billion euros by 2028, with a projected 5-year CAGR of 1.61% and an overall growth rate of 8.32%.
Future trends to watch for include potential impacts of technological advancements, shifts in demand for aerospace services, and economic factors influencing wage dynamics in the industry.
