The total hours worked in human health services in Germany experienced steady growth from 2013 to 2023, standing at 4.7 billion hours in 2023. This indicates a consistent annual increase, peaking with a Compound Annual Growth Rate (CAGR) of 1.28% over the past five years. Year-on-year growth in this period ranged from 0.83% in 2013 to 1.08% in 2023, reflecting a relatively stable but gradually increasing trend.
Key observations from the data include:
- Steady growth from 4.01 billion hours in 2013 to 4.7 billion hours in 2023
- Regular year-on-year variations, often below 2%
- A forecasted CAGR of 0.78% for the next five years, indicating a potential slowdown
- An anticipated overall growth rate of 3.96% by 2028
Future trends to watch for include the impact of technological advancements in healthcare, the potential effects of policy changes, and demographic shifts affecting the demand for health services. These factors could influence both the volume and growth rate of total hours worked in this sector.
