The employment in the Construction of Roads and Railways sector in Sweden stood at 18.37 thousand full-time equivalents (FTEs) in 2023. There has been a visible upward trend with year-on-year variations over the past two years showing an increase of 5.3% in 2022 and 4.99% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years is 3.28%, indicative of steady growth.
Forecasts suggest a continuation of this positive trend, with employment expected to reach 22.6 thousand FTEs by 2028. This equates to a five-year forecasted growth rate of 17.52%, affirming a robust sector outlook.
Future Trends to Watch For:
- Impact of government infrastructure investments.
- Technological advancements in construction methods.
- Environmental regulations and sustainable practices in construction.
- Labour market conditions and availability of skilled workforce.
