In 2023, the Gross Value Added (GVA) per employee in the UK's electrical equipment sector was 83.50 thousand Euros. The forecast for 2024-2028 shows a steady increase from 84.38 to 87.6 thousand Euros. Year-on-year growth is modest, with incremental increases averaging around 0.9% annually, resulting in a 5-year CAGR of approximately 0.76%. This indicates a gradual improvement in productivity per FTE in this sector.

Future trends to watch for include:

Technological advancements leading to more efficient manufacturing processes.
The impact of supply chain improvements and automation on productivity.
Potential economic fluctuations affecting workforce dynamics and investment in training and development.