The employment in the Scientific Research and Development sector in Finland has experienced a fluctuating trend from 2014 to 2023. Starting with a value of 4.35 thousand full-time equivalents in 2014, the sector saw a dip in subsequent years but recovered gradually with notable improvements from 2018 onwards. By 2023, it stood at 6.32 thousand, indicating a consistent growth phase in recent years.
When examining year-on-year variations, recent years have demonstrated stable, albeit small, increments. Specifically, the sector witnessed a 2.76% increase in 2022 and a 2.65% rise in 2023. Over the longer term, the compound annual growth rate (CAGR) for the past five years stands at an impressive 4.21%.
Looking ahead, the forecast suggests continued growth with expected values reaching 7.11 thousand by 2028. The future 5-year CAGR is projected at a somewhat slower but stable rate of 1.88%, indicating sustained interest and investment in this sector. Future trends to watch include advancements in technology, increased government and private funding, and the potential impact of global scientific collaboration on employment dynamics.
