In 2023, the actual value of wages and salaries in construction services in France stood at 15.73 billion euros. From 2024 onwards, the forecasted data shows a steady increase: 15.93 billion euros in 2024, 16.14 billion euros in 2025, 16.35 billion euros in 2026, 16.55 billion euros in 2027, and 16.75 billion euros in 2028.
The year-on-year percentage variations are as follows:
• 2024: 1.27%
• 2025: 1.32%
• 2026: 1.30%
• 2027: 1.22%
• 2028: 1.21%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 stands at approximately 1.26%, indicating a consistent upward trend in wages and salaries in the sector.
Future trends to watch for include advancements in construction technology, potential labor market regulations, and economic fluctuations which could impact wage growth. Monitoring these trends will provide insight into further adjustments within the industry.
