Forecast: Employment in Urban and Suburban Passenger Land Transport Sector in Spain

The employment in the Urban and Suburban Passenger Land Transport Sector in Spain has shown a steady increase from 2013 to 2023, rising from 41.75 thousand in 2013 to 50.1 thousand in 2023. Year-on-year variations in recent years have been modest, with percentages such as 0.18% in both 2022 and 2023. The Compound Annual Growth Rate (CAGR) for the last five years stands at 0.91%. Forecasts predict continued modest growth with the CAGR for the next five years expected to be 0.14%, leading to a forecasted employment of 50.53 thousand in 2028.

Future trends to watch for:

  • Technological advancements in transport management
  • Increased focus on sustainable and eco-friendly transport solutions
  • Potential impacts of economic fluctuations and policy changes on public transport funding and employment
  • Effects of urbanization and demographic changes on demand for urban and suburban transport services.

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