In 2023, the labor cost per employee in the construction of residential and non-residential buildings in Germany was below the 2024 forecast of 61.0 thousand euros. The forecasted annual increases reflect a steady rise: 3.4% in 2025, 3.2% in 2026, and 3.2% in the following years, leading to a projected 69.2 thousand euros by 2028. The compound annual growth rate (CAGR) over this period is approximately 3.2%.

Future Trends to Watch For:

Potential changes in labor market dynamics due to technological advancements or policy shifts.
Impact of economic fluctuations on construction activity and labor costs.
Effects of demographic changes on the workforce availability.