In 2023, the railway locomotives and rolling stock labor cost per employee FTE in Germany stood at an estimated value of 76.3 thousand Euros. From 2024 to 2028, this cost shows a steady upward trend, as the forecast indicates a progressive increase each year, rising from 77.1 thousand Euros in 2024 to 80.2 thousand Euros by 2028. The year-on-year growth rate averages around 1% during this period. The compound annual growth rate (CAGR) across these five years is approximately 1.0%.
Future trends to monitor include:
- The impact of automation and digitalization on labor costs.
- Government policies affecting labor regulation and wages.
- Potential economic fluctuations that could influence wage adjustments.
- The effect of labor negotiations and agreements in the railway sector.
