Key Market Indicators
Slovak Passenger Transport Expenditure is projected to decline from $155 million in 2023 to approximately $146 million by 2028, marking an average annual decrease of 0.8%. This downward trend has been ongoing since 2013, with a yearly drop of 5.9%. In 2023, Slovakia ranked 32nd in expenditure, overtaken by Egypt at the same expenditure level of $155 million. France, Canada, and Italy held the 2nd, 3rd, and 4th positions, respectively. In contrast, Slovak Passenger Transport Revenue is expected to grow modestly. From $152 million in 2023, revenue is anticipated to reach around $157 million by 2028, reflecting an average annual growth rate of 0.4%. Historically, the market has seen a steady increase, with a yearly growth rate of 4.1% since 2000. In 2023, Slovakia was ranked 41st in revenue, surpassed by Tajikistan at $152 million. Qatar, Ireland, and Russia occupied the 2nd, 3rd, and 4th spots in this ranking.
