The employment in the manufacture of computers and peripheral equipment sector in Germany has seen significant fluctuations from 2013 to 2023. Starting at 19.7 thousand FTEs in 2013, the sector experienced a mix of growth and decline, with notable year-on-year variations such as a 25.32% reduction in 2020 and a slight increase of 1.3% in 2023. The overall compound annual growth rate (CAGR) from 2018 to 2023 stands at -5.23%, indicating a downward trend over this period. The 2023 employment figure is 14.91 thousand FTEs.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued decline in employment, with a forecasted CAGR of -3.42% over the next five years. By 2028, employment is expected to decrease further to 12.04 thousand FTEs.
Future trends to watch for:
- Automation and digital transformation impacting employment levels.
- Potential shifts in global supply chains affecting local manufacturing jobs.
- Policy changes and economic conditions influencing the sector.
