Key Market Indicators
The revenue from passenger transport in Pakistan is projected to hit approximately $528 million by 2028, according to recent data. This marks a steady annual growth rate of 0.6% from the current $510 million recorded in 2023. Since the turn of the millennium, the Pakistani passenger transport market has shown a consistent upward trend, averaging a 2.3% annual growth rate. In the global rankings for 2023, Pakistan secured the 28th spot. Luxembourg led the list with revenues matching Pakistan's $510 million. Following Luxembourg, Qatar, Ireland, and Russia took the second, third, and fourth positions, respectively.