The UK Road Infrastructure Maintenance expenditure is forecasted to decline from 2024 to 2028, starting at 1.6136 Billion Euros in 2024 and reducing steadily to 1.1171 Billion Euros by 2028. This represents a continuous year-on-year decrease, indicating a reduction in maintenance investments. In 2023, the expenditure was slightly higher than in 2024, reinforcing a trend towards lower spending. The Compound Annual Growth Rate (CAGR) over the five years is negative, highlighting a consistent downward trajectory.
Future trends to watch for include:
- Potential impact of decreased investment on road quality and safety.
- Shifts in government policy or funding that could alter forecasted trends.
- The influence of economic conditions on public infrastructure budgets.
