Key Market Indicators
Tobagonian air passenger traffic is projected to rise to approximately 2.73 million by 2028, up from about 2.63 million in 2023, according to recent forecasts. This represents a compound annual growth rate (CAGR) of 0.6%. Since 1975, the demand for air travel in Tobago has increased by an average of 1.3% per year. In 2023, Tobago ranked 70th globally in terms of air passenger traffic, with El Salvador surpassing it with the same number of passengers. China, India, and Ireland held the second, third, and fourth positions in the global ranking for air passenger traffic, respectively.