The employment in the Services to Buildings and Landscape Activities sector in Germany has shown a consistent overall increase from 2013 to 2023, reaching 1.021.9 thousand Full-Time Equivalent. Despite a dip in 2020, due to likely economic disruptions, the sector recovered strongly in subsequent years.
Notable growth rates include a significant increase of 12.84% in 2018 and robust recovery rates of 13.82% in 2021 and 8.72% in 2022. The Compound Annual Growth Rate (CAGR) for the last five years stands at 3.53%.
Looking ahead, forecasted data suggests continued growth, reaching 1.253.9 thousand by 2028, with a five-year forecasted CAGR of 3.24% and a forecasted five-year growth rate of 17.27%.
Future Trends to Watch For:
- Impact of technological advancements in the sector, affecting productivity and employment.
- Possible economic fluctuations and their impact on sector employment.
- Evolving environmental regulations influencing landscape activities and services to buildings.