Key Market Indicators
Sweden's expenditure on passenger transport is projected to reach $3.2 billion by 2028, up from $2.9 billion in 2023. This represents an average annual growth rate of 1.6%. Since 2013, the demand for passenger transport in Sweden has been increasing at an average rate of 1.9% per year. In 2023, Sweden was ranked 11th globally in terms of passenger transport expenditure. South Africa slightly edged out Sweden in this ranking with expenditures also at $2.9 billion. The top three positions were held by France, Canada, and Italy, respectively.
