The wages and salaries in the construction of bridges and tunnels in Belgium have shown significant volatility from 2013 to 2023, with multiple peaks and troughs. The value stood at 6.4 Million Euros in 2023, representing a slight decline of -1.54% year-over-year and a negative CAGR of -4.84% over the past five years. The highest level was recorded in 2019 at 14.0 Million Euros, while 2022 and 2023 experienced notably lower values.
Looking to the future, the forecasted data from 2024 to 2028 suggests a continued decline with a forecasted 5-Year CAGR of -2.05%, ending at 5.5 Million Euros by 2028.
Future trends to watch for include potential impacts of economic policies, shifts in construction technologies, and funding availability for infrastructure projects, all of which could influence wage dynamics in the sector.
