In 2023, Hungary led European railway infrastructure spending with 289.46 billion Euros, with a slight year-on-year decline of 1.93%. The United Kingdom, though significantly lower at 12.57 billion Euros, increased by 1.5%. Sweden and Poland displayed positive trends, with Sweden's spending soaring by 11.93% and Poland's by 5.63%. Conversely, France and Norway saw notable declines of 4.81% and 10.63%, respectively. Slovakia and Bulgaria marked the highest positive changes among smaller economies, growing by 7.5% and 12.61%. The Czech Republic and Lithuania experienced considerable downturns, with decreases of 8.22% and 8.84%.
Future trends to watch for in European railway expenditure include:
- Enhanced focus on green and sustainable infrastructure, potentially shifting budget priorities.
- Investment disparities potentially widening among countries, leading to varied levels of infrastructure modernization.
- Technological advancements driving cost efficiencies but requiring upfront capital investment.
Top countries in Expenditure of Principal Railway Enterprises on Infrastructure by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 289,460 | 2023 | +3.04% | -1.93% | View data |
| 2 | 2 United Kingdom | 12,570 | 2023 | +2.93% | +1.5% | View data |
| 3 | 3 Italy | 5,840 | 2021 | +30.82% | +6.1% | View data |
| 4 | 4 France | 3,950 | 2023 | -4.82% | -4.81% | View data |
| 5 | 5 Sweden | 3,630 | 2023 | +8.9% | +11.93% | View data |
| 6 | 6 Poland | 3,590 | 2023 | +2.1% | +5.63% | View data |
| 7 | 7 Spain | 2,300 | 2021 | -2.63% | +104.62% | View data |
| 8 | 8 Czech Republic | 919.5 | 2023 | -41.64% | -8.22% | View data |
| 9 | 9 Norway | 798.6 | 2023 | -17.71% | -10.63% | View data |
| 10 | 10 Denmark | 728 | 2023 | -2.74% | -2.92% | View data |
