The employment in the Scientific Research and Development sector in the Netherlands has shown a consistent upward trend over the past decade. From 2013 to 2023, there has been a notable increase from 48.83 million hours to 77.08 million hours, showcasing a robust sector with significant growth. The average year-on-year percentage increase fluctuated but generally remained positive, with the last recorded year-on-year increase being 4.17% in 2023. The five-year compound annual growth rate (CAGR) leading up to 2023 was 5.21%, highlighting a strong and sustained growth pattern.
**Future trends to watch for:**
- Forecasts indicate that the sector will continue to grow at a slightly slower rate, with a predicted five-year CAGR of 2.65% from 2024 to 2028.
- Emerging technologies and increased investment in scientific research could further boost employment hours.
- Policy changes and funding from both governmental and private sources will likely play a significant role in shaping the trajectory of this sector.
