The road passenger transport employment sector in Spain has experienced fluctuating growth from 2013 to 2023, with a notable peak in 2019 and a sharp decline in 2021, followed by a gradual recovery. The year-on-year variations highlight these shifts, with a significant increase of 16.24% in 2019 and a substantial decrease of -13.1% in 2021. The Compound Annual Growth Rate (CAGR) over the last five years leading to 2023 indicates a modest growth of 0.24%, reflecting a slow but steady recovery. The forecast for 2028 suggests a continued mild growth trend with a forecast 5-year CAGR of 0.3% and a total growth rate of 1.52%.
Looking ahead, key trends to watch include technological advancements in transport, shifts in consumer behavior towards sustainable travel options, and the impact of government policies on employment within the sector. These factors will significantly influence the trajectory of employment in Spain’s road passenger transport industry.
