Forecast: Volume of Road Motor Vehicle Traffic in Turkey

The volume of road motor vehicle traffic in Turkey saw substantial growth between 2013 and 2023. Specifically, from 2013's 99.43 billion vehicle-kilometers to 358.04 billion vehicle-kilometers in 2023, marking solid year-on-year increments, particularly significant in 2015. Over the past two years, the road traffic volume growth rates were 4.33% in 2022 and 4.13% in 2023, showcasing consistent albeit moderate growth.

While past expansions were marked by high annual growth rates due to infrastructure improvements and increased vehicle ownership, the CAGR for the most recent five years shows an average annual growth of 3.13%. Looking forward, the forecasted growth rate over the next five years suggests a slower, but steady increase, with a projected CAGR of 2.79% until 2028.

Future Trends to Watch for:

  • Urbanization and rising disposable incomes contributing to traffic volume increase.
  • Introduction of green and autonomous vehicle regulations influencing traffic dynamics.
  • Enhanced public transportation infrastructures potentially reducing growth rates of private vehicle traffic.

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