Key Market Indicators
Austria's transportation expenditure is projected to hit approximately €26.9 billion by 2028, up from around €25.1 billion in 2023. This represents an average annual growth rate of 1.1%. Since the turn of the millennium, Austrian demand for transportation has seen a modest annual increase of 0.1%. In 2023, Austria ranked 12th in transportation expenditure, with Norway surpassing it at the same €25.1 billion mark. Leading the rankings were the United Kingdom, France, and Italy in the second, third, and fourth positions, respectively. On the revenue side, Austria's transportation sector is expected to generate about €23.6 billion by 2028, rising from €21.5 billion in 2023. This indicates an average yearly growth rate of 1.5%. Since 1981, the Austrian transportation market has expanded at an average annual rate of 1.9%. In 2023, Austria was ranked 7th in transportation revenue, with Belgium edging ahead at the same €21.5 billion figure. The top spots were held by France, Italy, and Spain, ranking second, third, and fourth, respectively.
