The employment in the manufacture of weapons and ammunition sector in Sweden has shown fluctuating trends over the past decade. From 2013 to 2018, despite some year-on-year variations, the sector experienced an overall decline. However, starting from 2019, there was a significant increase, with the employment value reaching 4.43 thousand FTE in 2023. Year-on-year variations demonstrate continued growth over the last two years at 6.26% for 2023.
Looking to the future, the forecast for 2024 and beyond predicts a steady increase, with a forecasted 5-year CAGR of 2.05% and an expected growth rate of 10.65% by 2028. This signals a promising upward trend in employment within the sector.
Future trends to watch for include potential impacts of geopolitical shifts, national defense budget allocations, and advancements in defense technology, which could further influence the employment dynamics in this sector.
