Based on the forecasted data, the self-employed people in the mining and quarrying sector in Spain are projected to see an upward trend from 2.4 million hours in 2024 to 2.61 million hours in 2028. Assuming the value for 2023 was around 2.35 million hours, the year-on-year variations show an increase: 2024 (2.13%), 2025 (2.08%), 2026 (2.45%), 2027 (1.99%), and 2028 (1.95%). The compounded annual growth rate (CAGR) over the five years from 2023 to 2028 is approximately 2.12%.
Future trends to watch for include the impact of technological advancements in mining, regulatory changes, and market demand for quarrying materials. Additionally, economic conditions and policy incentives for self-employment could further influence the sector's growth trajectory.
