In 2023, the inland passenger transport movements in Australia stood at 253.04 billion passenger kilometers. Forecasted data shows a consistent year-on-year decline: by 3.8% in 2024, 3.9% in 2025, 4.0% in 2026, 4.0% in 2027, and 4.1% in 2028. The average annual decline rate, or CAGR, over the last five years is 3.96%.
Future trends to watch for:
- Shift towards more sustainable transportation options and how it impacts passenger kilometers.
- Technological advancements in transport affecting efficiency and usage patterns.
- Influence of governmental transport policies and infrastructure investments.
- Impact of remote working trends reducing overall transport needs.