Forecast: Wages and Salaries in Construction of Railways and Underground Railways in France

In 2023, wages and salaries in the construction of railways and underground railways in France stood at an estimated €145.4 million, marking a starting point for the forecasted data. From 2024 to 2028, projections indicate a consistent annual decrease in these expenditures, dropping from €137.7 million in 2024 to €108.2 million by 2028. This represents a year-on-year decline, with notable reductions during the period. The Compound Annual Growth Rate (CAGR) highlights a significant trend with an average yearly decrease in wages and salaries over the five-year span.

Future trends to watch for:

  • Potential policy changes impacting employment and budget allocations in railway projects.
  • Technological advancements possibly reducing labor requirements in construction.
  • Macroeconomic factors affecting overall industry cost structures and investment levels.

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