The employment in Finland's railway passenger transport sector experienced significant fluctuations from 2013 to 2023. Starting at 5.1 thousand employees in 2013, the sector saw a decline until 2017, reaching a low of 2.3 thousand employees. A notable recovery occurred in 2018 with a sharp rise to 4.4 thousand employees, followed by modest growth and stabilization around 4.2 thousand employees in subsequent years. In 2023, the sector stood at 4.12 thousand employees.
Looking ahead, forecasted data from 2024 to 2028 indicate a gradual decline in employment, with a Compound Annual Growth Rate (CAGR) of -1.14% and a forecasted reduction to 3.84 thousand employees by 2028. This corresponds to a 5.58% contraction over the five years.
Trends to watch for include automation and digitalization advancements, impacting job dynamics in the sector, and shifts in passenger travel demand due to economic factors or alternative transport options.
