Between 2013 and 2023, employment in the construction of roads and railways in Germany saw varying trends. Following a slight decline from 2013 to 2015, there was a significant upward shift from 2016 through 2018, marked by a notable 12.9% increase in 2018. Despite minor fluctuations, employment continued to grow, albeit at a slower pace, reaching 126.24 thousand FTEs in 2023. The average compound annual growth rate (CAGR) over the last five years stood at a modest 0.77%.
Future trends to watch for:
- Projected steady employment growth with a CAGR of 0.77% over the next five years.
- Influence of regulatory policies and infrastructure investment plans.
- Impact of emerging technologies and automation in construction processes.