South Korea Passenger Transportation Industry Outlook 2022 - 2026

See how South Korea Passenger Transportation performed compared to key markets.

Key Market Indicators

Passenger transport revenue in Korea is expected to reach $2.2 billion by 2026, a 3.7% decrease from 2021's $1.98 billion. This marks a 13.3% decrease since 2000. Korean passenger transport expenditure is projected to reach $2.88 billion by 2026, a 0.6% increase from the $2.74 billion spent in 2021. Since 2013, the demand for this service has risen 1.2% annually. In 2021, Mexico was the top spender at $2.74 billion, followed by the United Kingdom, France and Canada.

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South Korea Passenger Transportation Market Data and Forecasts

How much will South Korea Passenger Transportation Market grow to 2026?

Forecast: Volume of Rail Passenger Transport in South Korea
Forecast: Road Passenger Transport Movements by Passenger Cars in South Korea
Forecast: Inland Passenger Transport Movements in South Korea
More in Passenger Transportation Industry for 2028