In 2023, the international passenger transport expenditure from Chile stood at $814.62 million USD. The forecasted data for the years 2024-2028 show a steady annual increase in expenditure: 2024 sees a rise to $835.84 million, 2025 to $858.91 million, 2026 to $880.76 million, 2027 to $901.46 million, and 2028 to $921.07 million.
Year-on-year percentage variation indicates a consistent growth in expenditure:
- 2024 +2.61%
- 2025 +2.76%
- 2026 +2.55%
- 2027 +2.35%
- 2028 +2.18%
The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 is approximately 2.49%, reflecting a stable upward trend.
Future trends to watch for include potential impacts of economic fluctuations, changes in international travel policies, and evolving consumer preferences toward sustainable travel options which may influence expenditure trends in international passenger transport from Chile.