Forecast: Number of Persons Employed in Construction Services in Germany

Based on the data provided:

  • 2024: 1.0605 million employees
  • 2025: 1.092 million employees
  • 2026: 1.1232 million employees
  • 2027: 1.154 million employees
  • 2028: 1.1846 million employees

Year-on-Year Variations

  • 2024 to 2025: 2.96%
  • 2025 to 2026: 2.86%
  • 2026 to 2027: 2.74%
  • 2027 to 2028: 2.65%

CAGR (2024-2028)

2.80%

Future Trends: The construction services sector in Germany is expected to experience steady growth, with annual employment increasing at a compound annual growth rate (CAGR) of 2.80%. Factors to watch include technological advancements, labor market policies, and economic conditions impacting construction demand.

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