In 2023, the turnover per employee in the UK pharmaceutical sector was €370.7 thousand. The projected turnover per employee shows a steady decline from €368.2 thousand in 2024 to €356.9 thousand in 2028. This implies a year-on-year decrease of approximately 0.8% from 2024 to 2025 and a consistent reduction of about 0.7% annually thereafter. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at -0.8%, indicating a gradual decrease in productivity per employee.
Future trends to monitor:
- Potential impact of labor market dynamics on productivity.
- Technological advancements enhancing production efficiency.
- Regulatory changes affecting market conditions.
- Brexit-related developments impacting exports and R&D.
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