Key Market Indicators
Norway's passenger transport revenue is projected to reach approximately $1.19 billion by 2028, a slight increase from $1.19 billion in 2023. This represents a modest year-on-year growth rate of 0.1%. Since the turn of the millennium, the Norwegian market has experienced a decline, with a decrease averaging 2.5% annually. In 2023, Norway ranked 16th globally in passenger transport revenue. Mexico surpassed Norway with revenue also totaling around $1.19 billion. Qatar, Ireland, and Russia secured the second, third, and fourth positions respectively in the global ranking for passenger transport revenue.
