Wages and salaries in the cleaning services sector in Belgium have shown a general upward trend from 2013 to 2023, with occasional dips. In 2023, the sector's wage bill stood at 2.19 billion euros. From 2021 to 2022, there was an 8.26% increase, followed by a 6.41% rise between 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 3.25%, indicating steady growth over this period despite a significant drop in 2020.
Future trends to watch for:
- From 2024 to 2028, the forecasted CAGR is 2.29%, suggesting slightly slower growth.
- The overall growth rate for this five-year period is projected at 11.96%, indicating a stable but moderate upward trajectory.
- Potential impacts of economic factors such as inflation, labor shortages, and regulatory changes could influence wage dynamics in the sector.