The rail transportation sector in Belgium saw a consistent decline in employment from 2014 to 2023, with a Compound Annual Growth Rate (CAGR) of -2.21%. Employment in this sector stood at 27.84 thousand Full-Time Equivalents (FTEs) in 2023, indicating a year-on-year decrease of 2.29%. Over the last five years, the sector experienced an average annual decline of 1.93%, with a projected five-year growth rate of -9.27% leading to 2028.
Future trends to watch for include technological advancements in rail transportation, potential investments in infrastructure, and policy shifts focusing on sustainability and efficiency. These factors may impact employment rates positively or negatively, modifying the current declining trend.
