Key Market Indicators
Macedonian passenger transport revenue is projected to soar to approximately $12.6 million by 2028, up from around $7.9 million in 2023. This reflects a robust compound annual growth rate (CAGR) of 7.3%. Since 2001, the Macedonian market has demonstrated a steady increase, averaging a 9.7% growth rate annually. In the 2023 global rankings, Macedonia placed 69th, with Botswana surpassing it at the same revenue mark of $7.9 million. Notably, Qatar, Ireland, and Russia secured the second, third, and fourth positions, respectively, in the global rankings for passenger transport revenue in 2023.
