In 2024, global construction employment data indicates a diverse landscape. Cyprus leads with 16.855 thousand workers, followed by Iceland at 15.784 thousand, and Ireland at 15.218 thousand. Other notable countries include Spain (12.761 thousand), Portugal (12.509 thousand), and Luxembourg (12.498 thousand). The United States stands at 11.345 thousand, while significant employment levels are also observed in South Korea (11.452 thousand) and Italy (11.408 thousand). In contrast, countries like South Africa show lower levels at 8.335 thousand.
Year-on-year variation from 2022 shows significant growth in Cyprus (6.3%) and Ireland (5.13%). Countries like Iceland, Spain, and Lithuania experience moderate growth. South Africa, however, sees a contraction of -3.7%. The average annual growth rate over the last five years (CAGR) provides a steadier trend analysis and highlights countries like Ireland and Cyprus as key growth areas.
Looking ahead, future trends to watch include potential impacts of economic policies, technological advancements, and sustainability initiatives. Countries heavily investing in infrastructure and urban development are likely to see continued growth in construction employment. Monitoring geopolitical and economic stability will also be crucial as these factors can significantly influence employment trends in the construction sector.
Top countries in Construction Employment by Country
# | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Cyprus | 168.55 | 2022 | +2.5% | +6.3% | View data |
2 | 2 Iceland | 157.84 | 2022 | +11.03% | +3.59% | View data |
3 | 3 Ireland | 152.18 | 2022 | +19.35% | +5.13% | View data |
4 | 4 Spain | 127.61 | 2022 | +2.89% | +3.81% | View data |
5 | 5 Portugal | 125.09 | 2021 | +5.57% | +4.33% | View data |
6 | 6 Luxembourg | 124.98 | 2022 | +2.74% | +3.35% | View data |
7 | 7 Denmark | 123.91 | 2022 | +3.87% | +3.03% | View data |
8 | 8 Romania | 121.49 | 2022 | +0.22% | +2.02% | View data |
9 | 9 Sweden | 115.46 | 2022 | +0.28% | +1.09% | View data |
10 | 10 South Korea | 114.52 | 2022 | +1.56% | +1.33% | View data |