Forecast: Employment in Transportation and Warehousing in Austria

The employment in the transportation and warehousing sector in Austria has shown a generally increasing trend from 2013 to 2023, with few fluctuations. As of 2023, the employment stood at 194.22 thousand units. The annual growth rate experienced minor deceleration but remained positive, particularly marked by an increase in 2018, followed by slight declines in subsequent years. Over the last five years from 2018 to 2023, the compound annual growth rate (CAGR) averaged 0.18%.

Looking forward, the forecasted data from 2024 to 2028 suggests a continued upward trend, albeit at a modest pace. The forecast five-year CAGR is expected to be around 0.25%, with an overall five-year growth rate of approximately 1.25%. These trends underscore a stable yet gradually slowing growth trajectory in the sector.

Future trends to watch for:

• Technological advancements in logistics and automation
• Impact of sustainable practices and green logistics
• Potential effects of global trade dynamics and supply chain adjustments
• Policy changes influencing transportation infrastructure investments