Forecast: Employment in Manufacture of Weapons and Ammunition Sector in Spain

The employment in the Manufacture of Weapons and Ammunition sector in Spain is projected to increase steadily from 2.51 thousand FTEs in 2024 to 2.79 thousand FTEs by 2028. This growth represents a continuous year-on-year increase of approximately 2.79% from 2024 to 2025, 2.71% from 2025 to 2026, 2.64% from 2026 to 2027, and 2.57% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period stands around 2.68%, indicating a stable upward trend in employment within this sector.

Future trends to watch for include advancements in defense technology, government defense policies, and international geopolitical dynamics. These factors could further influence employment levels either positively, through increased demand for advanced weaponry, or negatively, if market conditions shift towards alternative security solutions or disarmament efforts.

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