Forecast: Wages and Salaries in Agricultural Products and Livestock in Germany

The wages and salaries in the agricultural products and livestock sector in Germany are projected to grow steadily from 2024 to 2028, from €6.17 billion to €6.28 billion. These forecasts indicate a consistent but modest annual growth rate. Compared to the actual value for 2023, which was slightly below €6.17 billion, there is a small positive year-on-year growth, reflecting stability in the sector. Over the five years leading to 2028, the compound annual growth rate (CAGR) is approximately 0.44%.

Future trends to watch for:

  • Technological advancements in agriculture that may impact wage structures.
  • Policy changes related to agriculture subsidies and labor regulations.
  • Economic pressures like inflation and currency fluctuations affecting real wage growth.

Top Countries about Livestock