In 2023, the railway passenger transportation in Brazil stood at 16.80 Billion Passenger Kilometers. For 2024, the forecasted value is 16.89 Billion Passenger Kilometers, indicating a slight increase. From 2025 to 2028, the values are projected to rise modestly each year, illustrating a year-on-year growth of approximately 0.5% to 0.6%. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period (2024-2028) is approximately 0.6%.
Future trends to watch for include potential technological advancements in railway systems, increasing urbanization, and government policies promoting public transportation, which might further drive the demand for railway passenger services in Brazil.
