The dataset shows a decline in hours worked on railway locomotives and rolling stock in Belgium from 2014 through 2023, with the most significant reductions observed in 2015 and 2018. After a slight increase in 2019, the downward trend resumed through 2023, which stood at 0.66762 million hours, translating to a year-on-year decrease of 3.54% and a compound annual growth rate (CAGR) of -0.57% over the last five years.
Forecast data for 2024-2028 suggest this downward trajectory will continue, with a forecasted 5-year CAGR of -3.37% and an overall reduction of 15.76% by 2028. Key trends to monitor include technological advancements, shifts in transportation policies, and potential changes in workforce dynamics within the Belgian rail industry.
