The road infrastructure investment in Mexico has seen a notable decline from 2013, starting at 4.18 billion Euros and standing at 1.9778 billion Euros in 2023. The year-on-year changes reveal significant fluctuations, such as a 36.12% drop in 2017 and minor increases like 1.52% in 2021. On average, the Compound Annual Growth Rate (CAGR) over the past five years (2019-2023) is -3.01%, reflecting a continued downward trend.
From 2024 onwards, the forecast indicates a persistent decline, with an estimated drop to 1.5842 billion Euros by 2028, resulting in a forecasted 5-year CAGR of -3.52%. This would reflect a total decrease of approximately 16.4% over the period.
Future trends to watch for include:
- Shifts in government policy and funding priorities.
- Private sector involvement and public-private partnerships.
- Economic conditions influencing public spending.
