The Gross Value Added (GVA) per employee in the Plumbing, Heat and Air Conditioning Installation sector in Germany stood at approximately 66.6 thousand euros in 2023. Forecasts indicate a steady year-on-year increase from 2024 through 2028, with a growth rate of around 1.3% annually. By 2028, this is predicted to reach 71.0 thousand euros, resulting in a Compound Annual Growth Rate (CAGR) of approximately 1.3% over the five-year forecast period.
Future trends to watch for include:
- Potential impacts of technological advancements improving efficiency and increasing GVA per employee.
- Regulatory changes enforcing environmentally-friendly practices, possibly affecting operational costs and GVA.
- Economic fluctuations and labor market dynamics influencing workforce productivity and sector performance.