Key Market Indicators
Qatar's passenger transport revenue is projected to surge to approximately $16.9 billion by 2028, up from around $13.2 billion in 2023. This marks a compound annual growth rate (CAGR) of 3.9%. Since 2016, the Qatari market has experienced a robust annual increase of 6.4%. In 2023, Qatar secured the second spot in the global ranking, with Germany leading at the same $13.2 billion mark. Following closely, Ireland and Russia took the third and fourth positions, respectively, in this international ranking.
