The employment in the passenger transport sector in Denmark stood at 55.79 thousand in 2023. From 2013 to 2019, the employment experienced fluctuations, with notable declines in 2013 and 2014, and a subsequent recovery reaching a peak in 2019. Post-2019, employment levels have shown stabilized trends with minor annual fluctuations, remaining roughly constant through to 2023.
Year-on-year variations for the past two years indicate a minor decline of 0.075% in 2022 and 0.073% in 2023. The compound annual growth rate (CAGR) over the past five years has been nearly negligible at 0.025%.
The forecasted employment from 2024 to 2028 shows a gradual decline, with minor year-on-year decreases predicted, suggesting a slow but steady contraction in employment. The forecasted five-year CAGR from 2024 to 2028 is projected at -0.06%, indicating a slightly accelerating decline compared to recent historical trends.
Future Trends to Watch For:
- Impact of automation and technological advancements in passenger transport on employment levels.
- Potential policy changes influencing public transport and employment in the sector.
- Shifts in consumer behavior due to increased emphasis on sustainability, potentially affecting the demand for passenger transport services.
