In 2023, the railway locomotives and rolling stock wages and salaries in Poland stood at 269.5 million Euros. Over the past decade, the sector has seen significant fluctuations. Between 2013 and 2017, fluctuations varied from a high increase of 15.33% in 2015 to a substantial drop of 9.99% in 2016. The period from 2019 to 2023, on the other hand, displayed a steadier trend with a general upward trajectory and the average annual growth rate (CAGR) over the last five years standing at 7.07%.
For the forecasted period from 2024 to 2028, it's expected that the average annual growth will moderate to a five-year CAGR of 2.71%, generating a forecasted total growth of 14.31% by 2028, culminating in 319.6 million Euros. This indicates a potential stabilization of growth rates compared to the past fluctuations observed.
Future trends to watch for include potential impacts of digital transformation in railway management, government investments in infrastructure, and shifts in labor market dynamics. Monitoring these factors can provide insights into further adjustments in wages and salaries within the railway sector.