Key Market Indicators
Uruguay's rail network is projected to shrink to 1,180 route-kilometers by 2028, down from 1,410 route-kilometers in 2023. This marks an average annual decline of 2.8%. Since the year 2000, Uruguay's rail supply has been decreasing at an average rate of 1.3% per year. In the global ranking for 2023, Uruguay stood at 51st place. Sri Lanka edged ahead of Uruguay in the same ranking with 1,410 route-kilometers. The top spots were occupied by China, Russia, and India, coming in at second, third, and fourth places respectively.