In 2023, the turnover of employment services in Norway stood at 4.22 billion euros. Based on the forecasted data from 2024 to 2028, we observe a consistent upward trend. Specifically, the turnover is expected to be 4.29 billion euros in 2024, 4.36 billion euros in 2025, 4.42 billion euros in 2026, 4.49 billion euros in 2027, and 4.55 billion euros in 2028. Year-on-year variations are as follows:
• 2024: 1.66% increase from 2023.
• 2025: 1.63% increase from 2024.
• 2026: 1.38% increase from 2025.
• 2027: 1.58% increase from 2026.
• 2028: 1.34% increase from 2027.
Over the 5-year period from 2024 to 2028, there is an average annual compound growth rate (CAGR) of 1.52%.
Looking ahead, it will be important to watch for changes in labor market policies and technological advancements. These factors could influence demand for employment services and potentially create new market dynamics. Additionally, the global economic environment may impact investor confidence and company expansions, further affecting the turnover of employment services.
