Armenia Rail Industry Outlook 2024 - 2028

See how Armenia Rail performed compared to key markets such as the United States, China and Russia.

Key Market Indicators

Armenia's rail network is projected to decrease to approximately 677 route-kilometers by 2028, down from about 692 route-kilometers in 2023. This marks an average annual decline of 0.4%. The country's rail supply has been on a gradual decline since 2000, with an average yearly reduction of 0.2%. In 2023, Armenia was ranked 57th in the world for rail length, having been surpassed by Cameroon, which also recorded around 692 route-kilometers. On the global stage, China, Russia, and India occupied the second, third, and fourth positions, respectively, in terms of rail length.

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Armenia Rail Market Data and Forecasts