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.