From 2013 to 2023, road passenger transport movements in Finland, measured in Billion Passenger Kilometers, showed fluctuations with some dips, notably in 2016, and a significant pandemic-related decline in 2020. Despite these anomalies, there has been an overall upward trend, ending at 65.85 Billion Passenger Kilometers in 2023. The year-on-year variations fluctuated, with notable peaks and troughs, while the compound annual growth rate demonstrates both negative and positive trends throughout different periods.
- 2013: Decrease by -0.24%, CAGR of 0.54%
- 2014: Increase by 0.62%, CAGR of 0.37%
- 2015: Increase by 1.18%, CAGR of 0.47%
- 2016: Decrease by -14.01%, CAGR of -2.74%
- 2017: Increase by 16.83%, CAGR of 0.4%
- 2018: Increase by 0.3%, CAGR of 0.51%
- 2019: No change, CAGR of 0.39%
- 2020: Decrease by -4.04%, CAGR of -0.67%
- 2021: Decrease by -0.78%, CAGR of 2.21%
- 2022: Increase by 2.52%, CAGR of -0.42%
- 2023: Increase by 1%, CAGR of -0.29%
The forecast for 2024 onwards predicts a steady growth, reaching 69.01 Billion Passenger Kilometers by 2028, with a 5-year CAGR of 0.74% and an overall growth rate of 3.78%.
Future trends to watch for include the impact of potential advancements in electric vehicle adoption, government policy changes aimed at reducing carbon emissions, and shifts in public transportation infrastructure, all of which could significantly influence road passenger transport movements in Finland.
