Key Market Indicators
Israeli Passenger Transport Expenditure is projected to surge to $3.2 billion by 2028, up from $2.5 billion in 2023. This represents an average annual growth rate of 3.8%. Since 2013, Israel has consistently seen a 3.8% year-on-year increase in demand for passenger transport. In 2023, the country ranked 13th globally in this sector, with Mexico surpassing Israel, also posting expenditures of $2.5 billion. Leading the global rankings are France, Canada, and Italy, occupying the second, third, and fourth positions respectively.
