The forecasted data indicates that domestic tourism expenditure on railways passenger transport services in Mexico will rise consistently from 7.04 billion pesos in 2024 to 8.3 billion pesos by 2028. This suggests a steady increase in spending within this sector over the forecast period. The series denotes a base value of X billion pesos in 2023. From 2024 to 2025, a year-on-year growth of approximately 4.5% is expected. Similar trends continue with an annual growth rate of approximately 4.1% from 2025 to 2026, 4.1% from 2026 to 2027, and another 3.9% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 4.2%, reflecting a steady upward trend in expenditure.
Future trends to watch for include the impact of infrastructural developments, potential economic fluctuations, and changes in tourism patterns. Additionally, technological advancements in railways and shifts towards more sustainable travel options might significantly influence future expenditure patterns.
