The investment in inland transport infrastructure in Turkey has shown considerable fluctuations over the past decade. The last three years portend a worrisome decline, reaching $90.34 per inhabitant in 2023. Year-on-year variation highlights a significant decrease of 8.35% from 2022 to 2023. Over the last 5 years, the compound annual growth rate (CAGR) registered a negative growth rate of -10.03%, indicating a substantial contraction in investment in recent years.
Looking ahead, forecasted data from 2024 to 2028 suggests a continued downward trend. The forecasted five-year CAGR is projected at -6.09%, with the overall growth rate predicted to decline by 26.97% by 2028. This indicates an ongoing reduction in financial commitment towards inland transport infrastructure in the coming years.
Future trends to watch for include potential impacts of economic policy changes, shifts in government priorities, or structural reforms geared towards boosting infrastructure investment. Additionally, external factors such as foreign investment and geopolitical developments could significantly influence future trends.
