The self-employed individuals in the IT services sector in Sweden have experienced significant fluctuations over the past decade. From 2013 to 2023, the volume of self-employment hours declined sharply from its peak in 2013, dipping to its lowest in 2021. The most notable decreases occurred between 2015 and 2018. However, recent data shows a slight recovery from 2022 onwards with a value of 6.94 million hours in 2023.
Year-on-year variations highlight a dramatic fall in the early years, followed by a significant rebound in 2019. The last two years saw positive growth, with a 3.43% increase from 2022 to 2023.
The compound annual growth rate (CAGR) over the last five years stands at 5.11%, showing an average annual improvement. Nevertheless, future forecasts indicate stability with a minimal projected increase, maintaining around 6.96 million hours from 2027 onwards.
Future trends to watch for:
- The impact of technological advancements and automation on self-employment in IT services.
- Government policies and incentives for boosting self-employment.
- The influence of remote work trends on self-employed IT professionals.
