In 2023, the Gross Value Added (GVA) per employee FTE for the construction of railways and underground railways in Italy was 128.9 thousand euros. The forecast from 2024 exhibits a steady growth trajectory, with values increasing incrementally from 129.0 thousand euros in 2024 to 129.5 thousand euros by 2028. Year-on-year growth is subtle, averaging around 0.08% annually, indicating stability in this sector. The compound annual growth rate (CAGR) over the five-year forecast period suggests a consistent and modest increase that reflects ongoing stability and slight productivity advancements.
Future trends to watch for include:
- Potential impacts from technological advancements in construction methods and materials, which could enhance efficiency.
- Government infrastructure investment plans, which may influence GVA through increased projects.
- Economic conditions and potential policy shifts affecting labor costs and employment in this sector.