Forecast: Employment in Building Completion and Finishing Sector in Denmark

Employment in Denmark's Building Completion and Finishing sector experienced significant growth from 2013 to 2020, peaking in 2020 at 41.05 thousand full-time equivalents. Post-2020, a noticeable decline has been observed, with 2023 standing at 39.22 thousand. The year-on-year variation for 2023 is -0.89%, continuing the downward trend. Over the last two years, from 2021 to 2023, the sector decreased by -1.82% cumulatively. Over the last five years, the compound annual growth rate (CAGR) has been a modest 0.23%.

Based on forecast data, the sector is expected to decline steadily, with the employment projected to reach 37.51 thousand by 2028 and a forecasted CAGR of -0.71% over the next five years.

Future trends to watch out for:

  • Impact of economic cycles and construction industry health on this sector.
  • Potential shifts towards automation and technological advancements affecting the workforce demand.
  • Government policies and initiatives that could influence employment trends in the building completion sector.

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