Key Market Indicators
Slovak transportation revenue is projected to climb to €6.6 billion by 2028, up from €5.8 billion in 2023, marking a compound annual growth rate (CAGR) of 2.1%. Since 1995, the market has experienced an average annual growth rate of 3.5%. In 2023, Slovakia ranked 12th in transportation revenue, with Ireland slightly ahead, also reporting €5.8 billion. France, Italy, and Spain occupied the second, third, and fourth spots, respectively. Meanwhile, Slovak transportation expenditure is on track to reach €3.8 billion by 2028, rising from €3.4 billion in 2023, reflecting a 1.9% year-on-year CAGR. Since 2000, the demand has seen a modest annual increase of 0.1%. In terms of expenditure, Slovakia was 26th in 2023, with Croatia surpassing it at €3.4 billion. The United Kingdom, France, and Italy held the second, third, and fourth positions in this ranking.
