Forecast: Employment in Healthcare Sector in Belgium

The employment in the healthcare sector in Belgium experienced a steady growth pattern from 2013 to 2023, with values ranging from 437.93 million hours in 2013 to 479.91 million hours in 2023. Over the past two years, there was a slight increase in employment, with a year-on-year growth rate of 0.57% in 2022 and 0.51% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years has been modest at 0.51%. Future trends suggest a continued but slower growth with a forecasted 5-year CAGR of 0.27%, leading to an increase in employment to 488.57 million hours by 2028.

Future trends to watch for:

• Potential impacts of technological advancements and automation on employment.
• Changes in healthcare policies and regulations.
• Shifts in population demographics and their healthcare needs.
• Emergence of new healthcare segments and services.