The passenger kilometers carried by rail in Indonesia have shown a mixed trend over the years. In 2023, the value stood at 28.21 billion passenger kilometers. Significant growth was observed from 2018 to 2019, with a year-on-year increase of 71.66%. However, fluctuations occurred afterward, with a 10.08% decline in 2020, followed by a gradual recovery with a 2.70% rise in 2021, a 2.58% increase in 2022, and a 2.46% increase in 2023. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 is 10.75%. Forecast data from 2024 to 2028 predict a stable rise, with a five-year forecast CAGR of 1.86% and a total growth rate of 9.66%.
Future trends to watch for:
- Improvements in rail infrastructure and services could drive higher passenger numbers.
- Government initiatives promoting rail transport might spur growth in this sector.
- Evolving passenger preferences and competition from other modes of transport may influence rail usage trends.