Railway passenger traffic in Finland saw fluctuations over the past decade, with a notable decline in 2020 due to the COVID-19 pandemic, dropping by 15.62% from the previous year. However, recovery was swift, with a 16.29% increase in 2021, reaching 86.79 million units. In 2023, the traffic stood at 94.16 million units, reflecting a 1.49% year-on-year growth. From 2018 to 2023, the compound annual growth rate (CAGR) was a modest 1.48%. Forecasts project a continued positive trend, expecting the traffic to grow to 101.12 million units by 2028, with a five-year CAGR of 1.18% and an overall growth rate of 6.05%.
Future trends to watch for:
- Increasing demand for sustainable transportation options.
- Potential technological advancements in rail infrastructure and services.
- Government policies aimed at promoting public transportation.
