Over the period from 2013 to 2023, Italy's road infrastructure spending exhibited fluctuating growth with highs in 2014 and 2015, and a significant drop in 2019. In 2023, the spending stood at 13.446 billion euros, marking a consistent recovery since 2020. The year-on-year variation showed a 4.95% increase in 2023. Over the last five years, the CAGR indicated a stabilization trend, reflecting a moderate annual decrease of 0.67%. The forecast from 2024 to 2028 projects a continued upward trend, with a 5-year CAGR of 3.26%, leading to an anticipated infrastructure spending of 16.524 billion euros by 2028.
Future trends to watch for include:
- EU funding influences on large-scale infrastructure projects.
- Technological advancements in construction and maintenance efficiencies.
- Impact of sustainable development goals on road investment strategies.