The length of rail lines in Argentina stood at 17.79 thousand route-kilometers in 2023. Over the past decade, the rail network has seen a slight decline, particularly with a noticeable dip between 2014 and 2016 and a gradual decrease in subsequent years. Between 2018 and 2019, there was no year-on-year change, but the trend resumed a downward trajectory from 2020 onwards. The Compound Annual Growth Rate (CAGR) over the last five years is negative at -0.09%, reflecting a modest but consistent reduction in rail line length.
Looking forward from 2024 to 2028, forecasted data suggests a continued slight decline at a forecast 5-year CAGR of -0.05%, with an overall 5-year growth rate of -0.27%. This indicates the rail network will likely continue its shrinking trend.
Future trends to watch for:
- Investments in infrastructure rehabilitation and modernization.
- Potential privatization or partnerships in the rail sector.
- Economic and political influences affecting infrastructure funding and development.