The number of buses in Turkey has shown a fluctuating but overall declining trend from 2013 to 2023, standing at 203.12 thousand in 2023. Year-on-year variations reveal minor increases and more prevalent decreases, with percentages ranging from -3.95% to 2.77%. From 2020 to 2023, the number has consistently declined by 0.45% to 1.66% per year. Over the last 5 years, there’s been an average annual decrease of around -1.45%.
Looking forward, the forecasted data indicates an ongoing downward trend, with the number expected to drop to 189.04 thousand by 2028. The forecasted CAGR from 2024 to 2028 is -1.14%, equating to an overall decline of 5.59% across this period.
Factors to watch for future trends include potential government policies on public transportation, investments in new bus technologies, and shifting public transport preferences which may impact the number of buses. Additionally, economic conditions and urbanization patterns can play significant roles in shaping the future landscape of bus transportation in Turkey.
