The wages and salaries of the real estate industry in Denmark have shown a general upward trend from 2013 to 2023, with a notable value standing at 2.84 billion euros in 2023. The sector has seen significant variations, with remarkable year-on-year growth rates including an 11.04% rise in 2018 and a significant 19.02% surge in 2020. However, it also faced a decline of 7.46% in 2019.
From 2021 to 2023, the growth has been relatively stable, with a 4.34% increase in 2022 and a 4.1% rise in 2023. Over the last five years, the compound annual growth rate (CAGR) has been 3.44%. Looking forward, the forecast predicts a continued upward trend with an average annual growth rate of 2.73%, and cumulative growth of 14.44% by 2028.
Future trends to watch for include the potential impact of economic stabilizers and policy changes on the real estate sector, which could further influence wage growth. Additionally, technological advancements and shifting market demands may play significant roles in shaping the future of employment and compensation in the real estate industry.