The trend in railway locomotives and rolling stock wages and salaries in Sweden from 2014 to 2023 shows significant fluctuations. The value experienced a peak in 2015 with a year-on-year increase of 34.36%, followed by a series of declines and minor recoveries. Notably, the CAGR for the last five years until 2023 was negative at -1.08%, indicating an overall decreasing trend. Despite this, there was a slight improvement in the latter years, stabilizing around the 2023 mark of 116.2 million euros.
Looking ahead, the forecasted data suggests a modest upward trend with a forecasted 5-year CAGR of 0.32% and an overall growth rate of 1.62% by 2028. Future trends to watch include the potential impacts of technological advancements, changes in government policies regarding transportation infrastructure, and economic factors influencing labor costs in the railway sector.