Forecast: Passengers Carried by Railway in Turkiye

Based on the data, the forecasted passengers carried by railway in Turkiye are expected to show a steady increase from 2024 to 2028. Specifically, the values are projected to rise from 14.93 billion passenger kilometers in 2024 to 19.57 billion passenger kilometers in 2028, indicating a positive growth trend. The year-on-year percentage variations show consistent growth: 7.91% from 2024 to 2025, 7.27% from 2025 to 2026, 6.65% from 2026 to 2027, and 6.17% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is approximately 7.00%.

Future trends to watch for include potential enhancements in railway infrastructure, technological advancements in railway systems, and shifts in consumer preferences towards more sustainable modes of transportation, which may further bolster the growth in passenger kilometers. Monitoring governmental policies and investments in the railway sector will also be crucial in understanding the long-term trajectory of this growth.

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