In 2023, the gross value added (GVA) in Spain's air transport sector stood at 4 Billion Euros. Forecasts indicate a steady growth with values expected to rise to 4.18 Billion Euros in 2024, 4.3 Billion Euros in 2025, 4.39 Billion Euros in 2026, 4.47 Billion Euros in 2027, and 4.53 Billion Euros in 2028.
Year-on-year variations show a promising upward trend:
- 2024: +4.5%
- 2025: +2.9%
- 2026: +2.1%
- 2027: +1.8%
- 2028: +1.3%
The compound annual growth rate (CAGR) over the five-year forecast period averages around 2.5% per year.
Future trends to watch for include the impact of technological advancements, shifts in consumer behavior post-pandemic, and potential regulatory changes that might influence operational efficiencies and competitive dynamics within the sector.
