In 2023, Germany leads the European production value in urban and suburban passenger land transport, contributing 26.37 billion euros, followed by the United Kingdom at 18.52 billion euros, and France at 11.92 billion euros. Major increases were noted in Germany (2.98%), France (8.29%), and Italy (4.22%). Countries with noticeable spikes included Romania (13.74%) and Serbia (27.55%), while Finland, Belgium, Lithuania, and Iceland faced declines. Over the past five years, the compound annual growth rate (CAGR) has varied across different countries, reflecting both growth and downturns in the sector.
Future trends to watch in the European production value of urban and suburban passenger land transport include advancements in green transport solutions, digitalization of transit systems, increased investment in smart city infrastructure, and the impact of economic fluctuations on travel demand.
Top countries in Production Value of Urban and Suburban Passenger Land Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,370 | 2023 | +6.73% | +2.98% | View data |
| 2 | 2 United Kingdom | 18,520 | 2023 | +1.14% | +2.29% | View data |
| 3 | 3 France | 11,920 | 2023 | +2.43% | +8.29% | View data |
| 4 | 4 Italy | 11,070 | 2023 | +4.83% | +4.22% | View data |
| 5 | 5 Sweden | 8,000 | 2023 | +2.49% | +1.81% | View data |
| 6 | 6 Spain | 3,860 | 2023 | +6.07% | +2.01% | View data |
| 7 | 7 Denmark | 2,930 | 2023 | +3.73% | +3.94% | View data |
| 8 | 8 Poland | 2,900 | 2023 | +2.84% | +2.25% | View data |
| 9 | 9 Norway | 1,790 | 2023 | +3.81% | +3.73% | View data |
| 10 | 10 Austria | 1,540 | 2023 | +3.49% | +2.36% | View data |
