Forecast: Number of Persons Employed in Accounting, Bookkeeping and Auditing Activities; Tax Consultancy Sector in Germany

In 2023, the number of persons employed in the accounting, bookkeeping, auditing activities, and tax consultancy sector in Germany was approximately 486,000, expressed in thousands. As per the forecasted data from 2024 onward, there seems to be a steady inclining trend in employment within this sector. From 2024 to 2028, employment numbers are projected to increase annually by about 2% or more. By 2028, the sector is expected to employ 534,570 individuals, indicating a compound annual growth rate (CAGR) of approximately 1.9% over the five-year forecast period.

Future trends to watch for include technological advancements in finance and accounting software, which could reduce demand for traditional roles. Additionally, shifting regulatory landscapes and the growing focus on sustainability accounting might create new opportunities within the sector.

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