Global Passenger Transportation Trends in 2024
Passenger Transportation is part of Travel And Tourism and includes a number of sub-sectors such as Air Passenger Transport and Maritime Passenger Transport. You may also be interested in Tourism.
Global passenger transport expenditure is projected to decline from $140 billion in 2023 to $96 billion by 2028, marking an annual decrease of 1%. Despite the overall downturn, global demand for passenger transport has increased by 1% annually since 2019. In 2023, the United States led the world in passenger transport spending, reaching $57 billion. France, Canada, and Italy followed, occupying the second, third, and fourth spots, respectively. Notably, Romania experienced a significant surge, with a 23.3% year-on-year increase, while Luxembourg saw a decline of 9.6% annually since 2019.
Top 10 countries
In 2024 major markets in the Passenger Transportation Industry were:
World Passenger Transportation Market Data and Forecasts
How much the Passenger Transportation industry is expected to grow to 2028?
World Passenger Transportation Top Rankings
Global Passenger Transportation Statistics
- Passenger Transport Expenditure 85 countries (Europe, Western Europe, Northern Europe...)
- Tourism Expenditure 218 countries (Europe, Northern Europe, Western Europe...)
- Road Casualties 220 countries (Europe, Northern Europe, Southern Europe...)
- Accommodation Expenditure 64 countries (Europe, Western Europe, Northern Europe...)
- Overnight Stay 70 countries (Europe, Northern Europe, Western Europe...)
- International Departure 137 countries (Europe, Northern Europe, Western Europe...)
- Sea Passenger Traffic 49 countries (Southern Europe, France, Spain...)
- Transportation Expenditure 69 countries (Europe, Northern Europe, Western Europe...)
- Tourism Receipt 221 countries (Europe, Northern Europe, Southern Europe...)
- Passenger Rail Transport Expenditure 36 countries (Europe, Western Europe, Northern Europe...)