From 2013 to 2023, the number of employees in the Insurance, Reinsurance, and Pension Funding Sector in Sweden fluctuated between 21.0 and 25.0 thousand persons. In 2023, the number of employees stood at 23.0 thousand persons. The sector experienced significant year-on-year variations: a peak decline of -8.33% in 2016 and a notable recovery of 9.09% in 2021. The last five years have shown a moderate average annual growth rate (CAGR) of 0.82% up to 2023.
Looking ahead, the employment level from 2024 to 2028 is forecasted to remain stable at 23.0 thousand persons with no significant changes in the employment trend, leading to a forecasted five-year CAGR of 0%. Future trends to watch for include digital transformation, regulatory changes, and shifts in customer behavior influencing job roles and skills demand in the sector.
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