Forecast: Household Expenditure on Transport Services in Germany

In 2023, household expenditure on transport services in Germany was 37 billion Euros. The forecasted data from 2024 to 2028 shows a steady increase in expenditure, demonstrating an upward trend. Between 2024 and 2028, the year-on-year growth rates are modest, reflecting a gradual but consistent increase of around 0.6% annually. The five-year compound annual growth rate (CAGR) projects an average annual increase of around 0.5%.

Future trends to watch for include:

  • The potential impact of advancements in sustainable transport technology on household expenditures.
  • Changes in consumer preferences towards shared mobility services.
  • Economic factors influencing disposable income and spending on transport services.

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