Key Market Indicators
Macedonia's road traffic volume is projected to reach 1,170 million vehicle-kilometers by 2028, up from 1,030 million vehicle-kilometers in 2023. This marks an average annual growth rate of 2%. Since 1999, Macedonia's demand for road traffic has increased by an average of 1.5% per year. In 2023, the country ranked 17th in road traffic volume, with Latvia surpassing it at the same volume of 1,030 million vehicle-kilometers. Globally, Japan, the United Kingdom, and the Netherlands secured the top three spots in this ranking, respectively.
