In 2023, the household expenditure on transportation in Switzerland stood at 34.43 billion Swiss Francs. The forecasted data indicates a gradual increase in expenditure starting from 34.83 billion in 2024, demonstrating a steady annual growth rate over the next years.
- In 2024, the expenditure is expected to grow by 1.16% to 34.83 billion Swiss Francs.
- For 2025, a year-on-year increase of 1.21% brings the total to 35.25 billion Swiss Francs.
- The year 2026 sees a rise of 1.16%, reaching 35.66 billion Swiss Francs.
- In 2027, the value grows by 1.17% to 36.08 billion Swiss Francs.
- By 2028, we forecast a 1.14% increase, culminating at 36.49 billion Swiss Francs.
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.17%, showing a consistent upward trend in household transportation expenditures.
Future trends to watch for include the impact of technological advancements in electric and autonomous vehicles, changes in public transportation infrastructure, and economic factors that may influence fuel costs and overall demand for private and public transport options.
