The length of rail lines in Indonesia has shown a generally upward trend since 2013, reaching 5.74 thousand route-kilometers in 2023. Notable variations include a significant drop in 2017, followed by strong recovery in 2018. Year-on-year growth rates have been relatively small but steady in subsequent years, with the last two years exhibiting approximately 1.24% and 1.2% growth, respectively. Over the last five years, the compound annual growth rate (CAGR) stands at 0.92%.
Looking forward, the forecast indicates continued growth, with the length of rail lines projected to reach 6.06 thousand route-kilometers by 2028. The five-year forecasted CAGR is estimated at 0.86%, suggesting a stable though modest expansion rate.
Future trends to watch for include:
- Infrastructure developments and government initiatives to enhance rail connectivity.
- Potential impacts of economic conditions on rail investment and expansion.
- Technological advancements in rail construction and operations.
- Shifts in transportation demand and their effects on rail line utilization and development.