Key Market Indicators
Montenegro's transportation expenditure is projected to reach approximately €550 million by 2028, up from around €485 million in 2023. This marks a compound annual growth rate (CAGR) of 1.9%. Since 2011, Montenegro's demand for transportation has risen by an average of 1.1% annually. In 2023, Montenegro ranked 36th in transportation expenditure, with Albania slightly ahead at the same expenditure level of €485 million. Globally, the United Kingdom, France, and Italy secured the second, third, and fourth positions, respectively, in transportation spending.