Forecast: Employment in Sound Recording and Music Publishing Activities Sector in Finland

The employment in the Sound Recording and Music Publishing Activities sector in Finland has exhibited fluctuating trends over the past decade. From 2013 with 496 units, it peaked in 2014 at 559 units, followed by a significant drop in 2015 and slight year-on-year changes thereafter. By 2023, it had decreased to 461 units, reflecting a -0.43% decline from the previous year. The sector's CAGR over the last five years stands at -2.04%, indicating a downward trend.

Looking ahead, the forecast suggests a continued decline, reaching 455 units by 2028. The forecasted 5-year CAGR is -0.22% with a 5-year growth rate of -1.09%, confirming a gradual contraction in the sector.

Future trends to watch for include the potential impact of digital transformation and streaming services on employment in the sector, and how Finland’s cultural policies and economic conditions might affect job creation in sound recording and music publishing.

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