Forecast: Railway Passenger Traffic in Türkiye

The railway passenger traffic in Türkiye has shown significant fluctuations over the years, with notable growth and declines. In 2023, the volume of railway passenger traffic stood at 15.43 billion passenger kilometers, reflecting an 11.69% decrease from the previous year. Analyzing the longer-term trend, the traffic has experienced a 22.65% CAGR from 2019 to 2023. Key variations include a dramatic 99.06% increase in 2019 and a 104.51% increase in 2022, with a sharp 44.94% decline in 2020 due to the pandemic.

Future trends to watch for include consistent growth forecasts with an average annual growth rate (CAGR) of 8.76% from 2024 to 2028, projecting the traffic volume to reach 27.11 billion passenger kilometers by 2028. The anticipated 52.2% growth over the next five years suggests a robust recovery and continued expansion in Türkiye's railway passenger traffic sector.

Top Countries about Rail