The wages and salaries of cleaning services in Norway have shown fluctuating trends over the past decade. In 2023, the value stood at €958.7 million. After a notable dip between 2013 and 2020, wages started to recover, achieving moderate growth. Year-on-year variations have been significant, including a negative peak of -10.7% in 2020 due to potential economic disruptions. However, from 2021 to 2023, there's been a steady rise, with the recent CAGR indicating a slight decline by 0.66%.
Looking ahead to 2028, the forecast suggests that wages will continue to rise, albeit modestly, with a 5-year CAGR of 0.14% and an overall growth rate of 0.7%. While this indicates stability, growth is relatively minimal.
Future trends to watch for include:
- Impact of automation and technology on labor demand
- Economic policies affecting minimum wage and sector-specific regulations
- Inflation rates influencing wage adjustments
- Potential labor shortages or surpluses impacting wage trends