The volume of road traffic in Sweden has shown a fluctuating trend from 2013 to 2023, with a notable decline during the pandemic year of 2020, followed by a slight recovery and then a general decline. As of 2023, the road traffic volume stood at 12.86 million units (Vehicle-Km) per motor vehicle. Over the last two years (2022-2023), there was a continuous decline, with a year-on-year decrease of 0.8% in the most recent year. The Compound Annual Growth Rate (CAGR) over the last five years from 2018 to 2023 was -2.01%. Looking forward, the forecasted CAGR for the period 2024 to 2028 is -0.63%, indicating a slower decline compared to the past five years.
Future trends to watch for:
- Impact of increasing adoption of electric vehicles in reducing the overall vehicle-km per motor vehicle.
- Potential policy shifts towards more sustainable transportation solutions, such as increased investments in public transportation and cycling infrastructure.
- Effects of technological advancements in autonomous driving, which may influence road traffic patterns.