The Gross Value Added (GVA) per Employee FTE in Italy's motor vehicles sector is projected to rise steadily from 2024 to 2028. In 2023, the GVA stood at approximately 130.0 thousand euros, and forecasts indicate a consistent year-on-year growth rate of about 3.35% from 2024 to 2028. The compound annual growth rate (CAGR) over this five-year period is projected to be roughly 3.42%, signaling a healthy upward trend in workforce productivity within the industry.
Future trends to watch include technological advancements, increased automation, and shifts in global trade policies, all of which could significantly impact productivity. Additionally, emerging electric vehicle markets may create opportunities for further growth in GVA per employee. Companies should also monitor labor market dynamics and skillset transformations to sustain this positive trajectory.
