Key Market Indicators
Portugal's transportation expenditure is projected to climb to around €22.5 billion by 2028, up from approximately €20.1 billion in 2023. This marks an average annual growth rate of 1.8%. Since the year 2000, demand in the Portuguese transportation sector has increased by an average of 1.3% per year. As of 2023, Portugal was ranked 14th globally in transportation expenditure, with Greece slightly ahead at the same €20.1 billion mark. Leading the rankings were the United Kingdom, France, and Italy, occupying the second, third, and fourth spots, respectively. On the revenue side, Portugal's transportation sector is expected to generate about €10.4 billion by 2028, up from €9.5 billion in 2023. This reflects an average annual growth rate of 1.5%. Since 1985, the market has seen a yearly increase of 2%. In 2023, Portugal ranked 10th in transportation revenue, just behind Finland, which also posted €9.5 billion. Dominating the top spots in this category were France, Italy, and Spain, in second, third, and fourth places, respectively.