Forecast: Railways Passenger Transport Employment in Italy

From 2015 to 2023, Italy's railway passenger transport employment declined from 33.66 thousand to 30.17 thousand employees. The year-on-year percentage changes over the last two years were -0.67% (2022) and -0.66% (2023). The compound annual growth rate (CAGR) averaged -0.61% over the previous five years. This decline reflects a consistent downward trend.

The trend is forecasted to continue, with projections for 2024-2028 indicating a further decline, with a forecasted CAGR of -0.56%. Employment is expected to reach 29.12 thousand by 2028, a total reduction of 3.5% over the period.

Future trends to watch include ongoing digitalization and automation across the railway sector, potential impacts of regulatory changes, and shifts in market demand driven by alternative transportation modes.

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