The employment in the Sports Activities, Amusement, and Recreation Activities sector in Spain has shown a fluctuating but generally positive trend over the past decade. In 2023, the sector stood at 435.75 million hours. From 2013 to 2019, the employment saw steady growth, culminating at 406.35 million hours, with occasional decreases such as in 2018. The year 2020 experienced a significant drop of 18.45% due to external disruptions, but the sector rebounded by 2021 and showed consistent growth thereafter. Over the last two years, from 2022 to 2023, there was a 7.65% increase, indicating a strong recovery trajectory.
Looking at the Compound Annual Growth Rate (CAGR) over the last five years (2019-2023), there was a moderate uptick at 2.48%. The forecast for the next five years shows a continued positive trend with a forecasted CAGR of 2.56%, projecting a total growth rate of 13.46% by 2028, reaching 511.82 million hours.
Future trends to watch for include the impact of technological advancements, shifts in consumer preferences towards health and wellness, and potential policy changes aimed at boosting employment within this sector. Keeping an eye on these factors will be critical for predicting further employment trends in the Sports Activities, Amusement, and Recreation Activities sector in Spain.
