Forecast: Internal Tourism Consumption of Railways Passenger Transport Services in Mexico

In 2023, the internal tourism consumption of railways passenger transport services in Mexico stood at 6.73 billion Mexican Pesos. Looking ahead, the forecasted values for the upcoming years are 7.04 billion Mexican Pesos in 2024, 7.36 billion in 2025, 7.67 billion in 2026, 7.99 billion in 2027, and 8.30 billion in 2028. This shows a steady year-on-year growth with an annual percentage increase from the prior year of 4.6% (2023-2024), 4.5% (2024-2025), 4.2% (2025-2026), 4.2% (2026-2027), and 3.9% (2027-2028). The compound annual growth rate (CAGR) over the 5-year period from 2023 to 2028 is approximately 4.3%.

Future trends to watch for include potential investments in infrastructure which could further enhance service offerings and increase consumption. Additionally, shifts in domestic tourism preferences, economic conditions, and fuel prices could also significantly influence the future consumption of railway passenger transport services.

Top Countries about Public Transport