National railway passenger traffic in Spain is forecasted to decline over the next five years, from 488.76 million persons in 2024 to 466.25 million persons in 2028. In 2023, the value stood at 494.50 million persons, indicating a continuing downward trend.
- The year-on-year variation shows a slight but steady decrease:
- From 2023 to 2024: -1.16%
- From 2024 to 2025: -1.17%
- From 2025 to 2026: -1.17%
- From 2026 to 2027: -1.18%
- From 2027 to 2028: -1.17%
- The compound annual growth rate (CAGR) over the forecast period (2024-2028) is approximately -1.17%.
Future trends to watch for include potential impacts of new transportation technologies, changes in consumer behavior such as increased remote working, and the development of high-speed rail options which may influence overall passenger numbers.