Between 2013 and 2023, the employment in Spain’s land transport and transport via pipelines sector showcased a series of ups and downs. Notably, there were strong growth years such as 2017, which saw a year-on-year increase of 6.96%, and consistent albeit smaller increases from 2019 to 2023 with the figure standing at 387.52 thousand FTEs in 2023.
Over the last five years, the compound annual growth rate (CAGR) slowed to 0.71%, indicating modest growth compared to previous periods. The year-to-year variations show less volatility compared to earlier years, highlighting a more stable market.
Looking forward, forecasts indicate a gradual rise with a 5-year CAGR of 0.41% and a total growth rate of 2.09% up to 2028.
Future Trends to Watch For:
- Technological advancements in transport and logistics
- Regulatory changes impacting the sector
- Market dynamics influenced by shifts in demand for sustainable transportation solutions
- Economic factors affecting overall employment trends