In 2023, employment in the management consultancy activities sector in Finland stood at 17.91 thousand full-time equivalents. This figure shows a steady increase from the 13.34 thousand in 2014, indicating a robust growth trajectory over the past decade. Year-on-year variations show a consistent growth pattern, with some fluctuations, most notably in 2015 with a dip of -3.86%, and a peak growth of 7.77% in 2017. From 2018 to 2023, the sector demonstrated stable year-on-year growth ranging from 0.63% to 4.99%, underlining a resilient market. The CAGR over the last five years up to 2023 was 2.75%, reflecting moderate but consistent growth.
Looking ahead, forecast data suggests a continued upward trend, with employment expected to rise from 18.36 thousand in 2024 to 20.12 thousand in 2028. However, the forecasted CAGR for the next five years is slightly lower at 1.84%, indicating a deceleration in growth compared to the past period.
Future trends to watch for include the impact of digital transformation on the management consultancy sector as it may drive demand for new skill sets. Additionally, economic uncertainties and evolving client needs could also influence employment dynamics in the sector.