The employment in the civil engineering sector in Austria displayed fluctuations from 2013 to 2023. Employment decreased from 2013 until 2017, hitting a low of 28.28 thousand FTE in 2016. However, starting from 2018, the sector began to recover, with employment climbing consistently, reaching 37.45 thousand FTE in 2023. This represents a 2.29% year-on-year growth in 2023. The CAGR over the last five years stands at 3.29%.
Looking ahead, the forecast suggests continued growth, with employment expected to reach 40.62 thousand FTE by 2028, representing a 1.23% CAGR over the forecast period. This indicates a total growth of 6.32% over five years from 2023.
Future trends to watch for:
- Sustainability and green engineering projects.
- Technological advancements and digitalization impact.
- Public infrastructure investments driven by government policies.
