The expenditure on passenger transport supporting services in Mexico has shown significant growth from 2013 to 2023, reaching 35.05 billion Mexican Pesos in 2023. The period was marked by a steady increase, except for a sharp decline in 2020 due to the pandemic. The highest year-on-year growth in this period was seen in 2021, at 32.78%. Over the past five years, the expenditure has grown at an average annual rate (CAGR) of 5.57%.
Future trends to watch for include:
- Projected continued growth with an estimated 3.77% CAGR from 2024 to 2028.
- Potential impacts of economic changes, new travel regulations, and technological advancements on tourism expenditure.
