Forecast: Employment Services Output in Finland

The output of the Employment Services sector in Finland has demonstrated noteworthy growth over the last decade, marked by significant year-on-year increases, fluctuating periodically. From 2013 to 2023, the industry saw an average growth of 6.03% annually. Despite a noticeable dip in 2020 due to external market shocks, the sector quickly rebounded in subsequent years. In 2023, the industry's output stood at 4.37 billion Euros, reflecting a 5.29% increase from the previous year.

Future projections suggest a consistent upward trend, albeit at a moderated pace. The forecasted five-year CAGR from 2023 to 2028 stands at 3.48%, with an anticipation of reaching 5.44 billion Euros by 2028, which represents a cumulative growth of 18.65% over this period. Key trends to watch include the impacts of digitalization, demand for flexible staffing solutions, and economic fluctuations influencing employment rates and service demand.

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