Key Market Indicators
Kuwaiti passenger transport revenue is projected to hit approximately $486 million by 2028, up from around $429 million in 2023. This represents a compound annual growth rate (CAGR) of 2%. Since 2000, the Kuwaiti market has seen a yearly decline of 1.5%. In the 2023 rankings, Kuwait held the 31st position, with Serbia narrowly ahead at $429 million. Qatar, Ireland, and Russia occupied the second, third, and fourth spots, respectively.
