Household expenditure on transport in the Netherlands stood at €50.2 billion in 2023. Based on forecasted data, it is expected to grow incrementally each year, reaching €55.8 billion by 2028. This presents a year-on-year growth of 2.22% from 2024 to 2025, followed by growth rates of 2.15%, 2.09%, and 2.01% in the subsequent years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 2.09%.
Future trends to watch for:
• The impact of advancements in electric vehicle technology and increasing adoption rates.
• Policy changes related to transportation, such as subsidies for public transport or eco-friendly vehicles.
• Fluctuations in fuel prices and their effects on household budgets.
• Developments in shared mobility services and their influence on individual transportation expenses.