The national railway passenger traffic in Türkiye has showcased significant fluctuations over the years, peaking in 2019 with a notable decline in 2020 owing to the pandemic. It rebounded impressively in 2021 and soared in 2022 before experiencing a dip in 2023 where it stood at 253.51 million units. Looking ahead, the forecasted data for 2024-2028 indicates a steady growth pattern, bolstered by a predicted 5-year CAGR of 8.5%.
Key trends and variations:
- Impressive growth of 135.99% in 2022
- Year-on-year decline of 21.03% in 2023
- Historical 5-year CAGR (2018-2023) of 20.36%
- Forecasted 5-year growth rate (2024-2028) of 50.38%
Future trends to watch include sustained investments in railway infrastructure, potential impacts of economic and political developments, and evolving passenger preferences driven by technological advancements and environmental considerations.
