Forecast: Number of Persons Employed in Air Transport Sector in Germany

Analysis of the air transport sector employment in Germany reveals a relatively stable trend with minor fluctuations over the years. By 2023, the number of persons employed in the sector stood at 65.45 thousand. Over the last two years, the sector experienced a year-on-year variation of 0.55% in 2022 and 0.54% in 2023, demonstrating a slight but consistent growth. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) stands at 0.21%, indicating modest but steady growth. The forecast projects that by 2028, the employment will grow to 67.16 thousand, reflecting a 2.07% growth rate over five years with an average CAGR of 0.41%.

Future trends to watch for include potential impacts from technological advancements, changes in regulatory environments, and shifts in global air travel demand. Keeping track of these factors will be critical in understanding and predicting future employment trends in the sector.

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