Key Market Indicators
Sri Lanka's railway network is on track to expand significantly over the next five years. By 2028, the country's rail length is projected to reach approximately 1,780 route-kilometers, up from the current 1,670 route-kilometers recorded in 2023. This marks an average annual growth rate of 1%. Since 2012, Sri Lanka's railway supply has experienced a steady increase, with an annual growth rate of 1.4%. In the global rankings for 2023, Sri Lanka was positioned at number 50. Ireland surpassed Sri Lanka, also with a rail network measuring around 1,670 route-kilometers. In the broader context, China, Russia, and India continue to dominate the rankings, holding the second, third, and fourth positions respectively.
