In 2023, the number of employees in the business services sector in Norway stood at 1.06 million. Based on the forecasted data, the sector is expected to see gradual growth over the next five years. The number of employees is projected to reach 1.07 million in 2024, 1.08 million in 2025 and 2026, 1.09 million in 2027, and 1.1 million in 2028. The year-on-year percentage variation from 2023 to 2028 shows a consistent upward trend with small incremental increases.
Key Trends:
- From 2023 to 2024: 0.94% increase
- From 2024 to 2025: 0.93% increase
- From 2025 to 2026: 0% change
- From 2026 to 2027: 0.93% increase
- From 2027 to 2028: 0.92% increase
- 5-Year CAGR: Approx. 0.75%
The steady growth in employment indicates a stable and expanding business services sector in Norway. Future trends to watch for include technological advancements driving efficiency, increased demand for digital services, and potential shifts in the global economic landscape, which could impact employment in this sector.