Road passenger transport in Norway is forecasted to grow from 68.18 Billion Passenger Kilometers in 2024 to 70.62 Billion Passenger Kilometers in 2028. Compared to 2023's actual figure of 67.57 Billion Passenger Kilometers, there is a steady year-on-year increase of 0.9% in 2024, followed by 0.9% in 2025, 0.9% in 2026, 0.9% in 2027, and 0.9% in 2028. The compounded annual growth rate (CAGR) over five years stands at approximately 0.9%.
Future trends to watch for:
• Rising adoption of electric and autonomous vehicles.
• Enhanced investment in public transport infrastructure.
• Impact of environmental regulations on transport networks.