Forecast: Number of Persons Employed in Construction Services in Denmark

The number of persons employed in Construction Services in Denmark for the years 2024 to 2028 shows a gradual decline from 49.16 thousand employees in 2024 to 48.9 thousand employees in 2028. This slight reduction represents a consistent year-on-year decrease of approximately 0.14%. As of 2023, the sector had 49.23 thousand employees, marking a similar marginal downward trend from the previous year.

Over the past two years, there has been a slight annual decline of about 0.14%. Evaluating this over a longer period, we find the CAGR to be around -0.14%, indicating a modest but persistent decrease in the workforce within this sector.

Future trends to watch for include the impact of Denmark’s green transition policies on employment figures, potential economic fluctuations affecting construction demand, and technological advancements that could improve efficiency but reduce the need for manual labor. Observing these factors will help predict whether the current downward trend will persist or stabilize in the coming years.

Top Countries about Institutional Construction