Investment in road infrastructure in Mexico saw substantial fluctuations over the past decade. Significant declines were marked between 2015 and 2021, such as a sharp 38.78% decrease in 2017 and a 27.16% drop in 2020. However, recent years indicate a recovery, with 2022 experiencing a 32.53% increase and 2023 seeing a further 6.27% rise, positioning the value at 20.33 USD per inhabitant in 2023.
Looking ahead, the investment is forecasted to grow modestly, with slight yearly increases leading to a relatively stable outlook. The CAGR from 2023 to 2028 is projected to be 0.29%, indicating minimal growth. By 2028, the value is expected to be around 20.71 USD per inhabitant.
Future trends suggest a need to monitor:
- Government policy changes impacting infrastructure funding.
- Private sector involvement in road projects.
- Economic factors influencing budget allocations.