Key Market Indicators
By 2028, Spain's expenditure on rail infrastructure is projected to climb to approximately €3.2 billion, up from €2.7 billion in 2023, reflecting a compound annual growth rate (CAGR) of 2.5%. Since the year 2000, the demand for rail infrastructure in Spain has increased annually by 4.6%. In terms of rail network expansion, the length of Spanish railways is expected to reach 16,460 route-kilometers by 2028, up from 16,110 route-kilometers in 2023, with an average annual growth rate of 0.4%. Since 2000, the supply of rail infrastructure in Spain has grown by 0.6% each year. In 2023, Spain ranked 16th globally in total rail length, with Kazakhstan surpassing it at the same 16,110 route-kilometers mark. Leading the rankings are China, Russia, and India, occupying the second, third, and fourth positions respectively.
