Forecast: Employees in Financial Service Activities Sector in Finland

The employee population in the Financial Service Activities sector in Finland has experienced a decline from 2013 through 2023, with notable year-on-year drops earlier in the decade. By 2023, the employee count stood at 25.5 thousand units. Recent years, however, show signs of stabilization and minor increases in employment, reflected by a 1.19% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years indicated a marginal improvement of -0.46%, contrasting with sharper declines earlier.

The forecasted data from 2024 to 2028 suggests a modest yet positive trend, with an estimated 3.1% growth rate over the period and a forecasted CAGR of 0.61%. This shift hints at a recovery phase for employment in the sector.

Future trends to watch for:

• Digital transformation and FinTech advancements driving new job opportunities.
• Regulatory changes affecting employment dynamics.
• Increased demand for specialized skills in compliance, risk management, and digital banking.