The railway passenger traffic in France has shown a fluctuating trend over the past decade, with significant impacts due to external factors such as the pandemic. The value stood at 1.0818 billion units in 2023. Before the pandemic, there was a steady increase, reaching a peak in 2017. However, the pandemic resulted in a sharp decline of 42.79% in 2020. The recovery began in 2021 with a 23.56% increase and continued into 2022 with a 27.73% rise. However, 2023 saw a slight decrease of 5.3%.
Looking at the future forecasts, the railway passenger traffic is expected to grow moderately from 2024 onward, with a forecasted average annual growth rate (CAGR) of 1.31% over the next five years. By 2028, the passenger traffic is projected to reach 1.1746 billion units, marking an overall growth of 6.71% since 2023.
Future trends to watch for:
- Ongoing recovery from the pandemic, leading to gradual increases in passenger traffic.
- Potential impacts of new rail policies and investments in infrastructure.
- Shifts in travel behavior due to environmental concerns and technological advancements in rail transport.
