Forecast: Wages and Salaries of Private Security Services in Finland

The wages and salaries in the private security services sector in Finland have shown a fluctuating yet generally upward trend from 2013 to 2023. Starting at 212.7 million Euros in 2013 and reaching 380.2 million Euros by 2023, the sector saw various year-on-year fluctuations including significant increases in 2015 (21.99%) and 2017 (18.07%), and a notable decline in 2020 (-4.84%). The last two years saw modest increases, with a 3.97% rise in 2022 and a 3.79% rise in 2023. The CAGR for the past five years stands at 2.33%. The forecasted period up to 2028 anticipates a consistent growth rate with a 2.63% CAGR and an overall growth rate of 13.86%.

Future trends to watch for include:

  • Technological advancements in security services potentially affecting salaries.
  • Regulatory changes impacting labor costs and wage structures.
  • Economic conditions influencing demand for private security services and corresponding wage trends.

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