The employment in the Scientific Research and Development sector in Belgium is forecasted to show steady growth from 2024 to 2028. The sector employed approximately 12,990 full-time equivalents (FTE) in 2023. Growing at a year-on-year rate, employment is projected to reach 14,690 FTE by 2028. Specifically:
- 2024: 12.99 thousand FTE (forecast)
- 2025: 13.42 thousand FTE (forecast)
- 2026: 13.85 thousand FTE (forecast)
- 2027: 14.27 thousand FTE (forecast)
- 2028: 14.69 thousand FTE (forecast)
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is indicative of a healthy increase in employment within the sector.
Future trends to watch for include advancements in technology and increased government funding, which may further boost employment rates. Additionally, international collaborations and the rise of biotechnology and pharmaceutical research could be significant contributors to employment growth in this sector.
