Key Market Indicators
**Lithuanian Transportation Expenditure to Hit €7.7 Billion by 2028** Lithuania's transportation expenditure is projected to soar to approximately €7.7 billion by 2028, climbing from €6.7 billion in 2023. This marks a steady compound annual growth rate (CAGR) of 2.3%. Since the turn of the century, Lithuanian demand has surged at an annual rate of 8.6%. In 2023, Lithuania ranked 22nd globally in transportation expenditure, with Bulgaria surpassing it at a similar expenditure level. Leading the rankings were the United Kingdom, France, and Italy, occupying the second, third, and fourth positions respectively. **Lithuanian Transportation Revenue to Reach €6.6 Billion by 2028** On the revenue front, Lithuania is expected to achieve around €6.6 billion by 2028, up from €5.7 billion in 2023. This growth represents an average annual increase of 2.2%. Since 2000, the Lithuanian market has expanded by 2.9% per year. In 2023, Lithuania was placed 13th globally in transportation revenue, with Slovakia ahead at the same revenue mark. France, Italy, and Spain were the leading countries in this category, securing the second, third, and fourth spots, respectively.
