The turnover of employment services in Denmark has experienced varied growth from 2013 to 2023. Starting with a value of 1.52 billion euros in 2013, the industry saw a general upward trend, peaking at 2.39 billion euros in 2019. However, the year-on-year growth showed considerable fluctuations, with significant growth periods such as between 2013-2016 and 2017-2018, contrasted with slower and even negative growth from 2020 onwards. The turnover in 2023 stood at 2.25 billion euros, showing very minimal growth over the last three years. The CAGR for the last five years up to 2023 was -0.81%, indicating stagnation.
Future trends to watch for include:
- The forecasted values suggest a stability phase, with turnover expected to hover around 2.26 billion euros from 2024 to 2028.
- The forecasted 5-year CAGR is a modest 0.07%, suggesting a slow recovery or consistently stable market without significant growth opportunities.
- Potential impacts of economic shifts, such as changes in labor market regulations or technological advancements, on the employment services sector.
