Forecast: Construction Employment in Sweden

From 2013 to 2023, Sweden's construction employment has seen fluctuating but generally positive growth. Starting at 316.58 thousand people in 2013 and reaching 366.61 thousand people in 2023, the sector has grown unevenly. Notable dips occurred in 2015 and 2020, but a steady recovery followed in subsequent years. The CAGR for the last five years stands at a modest 1.01%, reflecting a period of stabilization.

Future projections suggest continuous growth, albeit at a slower pace. By 2028, employment in the sector is forecasted to reach 387.65 thousand people, representing a forecasted 5-year CAGR of 0.88%. Key trends to watch include technological advancements in construction methods, potential market disruptions from green initiatives, and economic policies affecting infrastructure investment.

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