Based on the data provided, the wages and salaries in construction services in Sweden have shown a steady upward trend from 2013 to 2023, starting at 3.43 billion Euros in 2013 and reaching 4.57 billion Euros in 2023. The year-on-year variation percentages generally indicated a stable increase, with occasional minor declines, such as in 2014 (-0.59%) and 2019 (-0.38%). Over the last five years, the compound annual growth rate (CAGR) has averaged 3.01%. For the period from 2023 to 2028, the forecasted CAGR indicates a slower growth rate of approximately 2.05%, with an overall growth rate of 10.67%.
Future trends to watch for include potential impacts of labor market shifts, inflationary pressures, technological advancements in construction, and possible regulatory changes which could affect wages and salary growth rates.
