Forecast: Number of Employees in Freight Transport by Road Sector in Austria

The number of employees in the Freight Transport by Road sector in Austria stood at 55.99 thousand in 2023. The sector has seen fluctuating trends, with notable increases in certain periods, such as between 2013 and 2017, and declines or stagnation in other years. Over the past two years, the sector experienced slight increases in employment, registering a 0.45% year-on-year growth in 2022 and again in 2023. However, this represents a modest recovery when contextualized against earlier variability.

Looking ahead, forecasted data from 2024 to 2028 show a gradual increase in employment numbers, with an anticipated compound annual growth rate (CAGR) of 0.35% over the next five years. Future trends to watch for include potential impacts of technological advancements such as automation and electric vehicles, regulatory changes, and economic factors influencing logistics demand.