Key Market Indicators
Norway's railway network is projected to shrink slightly in the coming years, with the total route length expected to decrease from approximately 3,840 kilometers in 2023 to around 3,790 kilometers by 2028. This represents a compound annual growth rate (CAGR) decline of 0.2%. Over the past two decades, the country's rail supply has seen an average annual decrease of 1.8%. In 2023, Norway ranked 33rd in the world for rail route length, with Algeria narrowly surpassing it at the same 3,840 kilometers. Leading the global rankings are China, Russia, and India, occupying the second, third, and fourth positions, respectively. On the financial front, Norway's investment in rail infrastructure is on an upward trajectory. Expenditure is forecasted to climb to €2.3 billion by 2028, up from €1.9 billion in 2023. This indicates a robust CAGR growth of 2.9% per year. Since 2000, the demand for rail infrastructure investment in Norway has increased at an average annual rate of 6.3%.
