Forecast: Number of Employees in Rail Transportation Sector in Belgium

The rail transportation sector in Belgium has observed a consistent decline in employee numbers over the past decade. The year-on-year variation reached its peak decline in 2016 at -4.14%. In recent years, fluctuation has been more stable with 2023 projecting a -2.39% drop. The Compound Annual Growth Rate (CAGR) over the past five years stands at -2.3%. Future trends to watch include technology-driven efficiencies, potential policy changes impacting employment, and ongoing global economic factors affecting workforce dynamics. The sector is expected to continue its decline with a forecasted 5-year CAGR of -2.02%, resulting in a 9.7% reduction by 2028.