Key Market Indicators
Luxembourg's transportation expenditure is projected to reach €3.7 billion by 2028, rising from €3.4 billion in 2023. This marks an annual growth rate of approximately 1.5%. Since the year 2000, the country's transportation demand has seen a steady increase of 1.3% per year. In 2023, Luxembourg ranked 27th in transportation expenditure, with Slovakia slightly ahead at €3.4 billion. The top spots were held by the United Kingdom, France, and Italy, respectively. On the revenue front, Luxembourg's transportation sector is expected to generate €3.2 billion by 2028, up from €2.9 billion in 2023. This reflects a compound annual growth rate of 2%. Since 2000, the market has grown at an annual rate of 2.4%. In 2023, Luxembourg was ranked 15th in transportation revenue, with Slovenia overtaking it at €2.9 billion. France, Italy, and Spain occupied the second, third, and fourth positions, respectively.
