The employment in the Passenger Rail Transport, Interurban Sector in Belgium has shown a consistent decline from 2014 to 2023, starting at 33.69 thousand Full-Time Equivalents (FTEs) in 2014 and reaching 28.03 thousand FTEs in 2023. The average annual decrease over these years (CAGR) has been approximately -1.53%. The most significant year-on-year declines were seen in 2016 (-4.67%) and 2017 (-2.73%), while the smallest was in 2018 (-0.55%). The year 2023 saw a minor decline of -1.19%.
Forecasts indicate that this trend of decline will continue, with employment expected to drop to 26.81 thousand FTEs by 2028. The projected average annual decrease for the next five years (CAGR) is -0.67%, with an overall five-year forecasted growth rate of -3.32%.
Future trends to watch for include advancements in automation and digitization within the rail transport industry, which might further influence employment figures. Additionally, shifts in transportation policies and investments in infrastructure could impact sector employment trends. Adaptations to climate change and sustainability initiatives may also play a role, potentially leading to new job creation in areas focused on green technologies and sustainable practices.
