The maintenance expenditure on railway infrastructure in Turkey has shown significant fluctuations between 2013 and 2023. The actual data indicate a general upward trend with substantial variations, particularly in 2017 when there was a remarkable 42.51% increase. Conversely, 2020 saw a sharp decline of 42.24% likely due to external factors such as the pandemic. Nonetheless, the spending rebounded strongly in 2021 by 74.61% and continued to rise steadily thereafter. In 2023, the maintenance expenditure stood at 890.0 million New Turkish Liras, reflecting a modest 2.65% year-on-year increase. The average annual growth rate (CAGR) over the past five years was 2.99%.
Future trends to watch for include continuous investment in modernizing the railway infrastructure, potential impacts of economic fluctuations, and increasing focus on sustainable and technologically advanced maintenance practices. The forecasted data suggests a stable growth trajectory with an annual average growth rate of 2.04% over the next five years, resulting in a total anticipated increase of 10.63% by 2028.
