Forecast: Employment in Freight Transport by Road Sector in Norway

The employment in the freight transport by road sector in Norway stood at 27.25 thousand full-time equivalents (FTEs) in 2023 and is forecasted to grow steadily over the next few years. In 2024, it is projected to increase to 27.69 thousand FTEs, marking a year-on-year growth of 1.61%. By 2025, the employment is expected to reach 28.09 thousand FTEs, representing a 1.44% increase from the previous year. Further growth is anticipated with 28.47 thousand FTEs in 2026 (1.35% increase), 28.85 thousand FTEs in 2027 (1.33% increase), and 29.22 thousand FTEs in 2028 (1.28% increase). Over the last two years, from 2023 to 2025, the sector exhibits a consistent upward trend. The Compound Annual Growth Rate (CAGR) over the 5-year forecast period from 2023 to 2028 is approximately 1.39% per annum.

Future trends to watch for in the freight transport by road sector in Norway include technological advancements such as the adoption of autonomous vehicles, increased digitization for efficiency, and a potential shift towards sustainable and eco-friendly transport solutions driven by regulatory changes and societal pressure. Keeping an eye on these developments will provide insights into further employment dynamics and sector growth.

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