Key Market Indicators
Greek rail infrastructure is poised for a slight reduction, with the total rail length expected to reach 2,310 route-kilometers by 2028, down from 2,330 route-kilometers in 2023. This marks an average annual decline of 0.1%. Since the turn of the millennium, however, the rail network has experienced modest growth, averaging a 0.3% increase each year. In 2023, Greece ranked 41st globally in rail network length, just behind Portugal, which surpassed it with a total of 2,330 route-kilometers. Leading the global rankings were China, Russia, and India, securing the second, third, and fourth positions, respectively. On the financial front, Greek rail infrastructure expenditure saw a significant decrease in 2023, dropping to €25.7 million from €49.4 million in 2022. This represents a substantial 48% decline compared to the previous year. Since 2005, demand for rail infrastructure investment in Greece has contracted by an average of 29.8% annually. In 2021, Greek rail infrastructure spending stood at €49.4 million, down 3% from €50.9 million in 2020. Over the long term, since 2005, the country has seen a 35.7% annual decrease in rail infrastructure expenditure.
