After having experienced a sharp decline in revenues during the COVID-19 pandemic, the global passenger rail sector is projected to grow significantly over the coming years. Between 2022 and 2027, global revenue from the sector is projected to grow by around 20 percent.
Worldwide passenger rail revenue from 2017 to 2022 with a forecast through 2027
(in billion U.S. dollars)
based on an August 2023 forecast which reflects the market impact of Russia's war on Ukraine.
Supplementary notes
Data includes tickets for long-distance travel or cross-regional travel by train; time-limited subscription based travel; line service and regular train service; all online and offline booked long-distance bus tickets regardless of the purchase channel.
Data excludes tickets for public transport, for within a city or other local travel.
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Statista Mobility Market Insights, & Statista. (August 1, 2023). Worldwide passenger rail revenue from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights, und Statista. "Worldwide passenger rail revenue from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars)." Chart. August 1, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights, Statista. (2023). Worldwide passenger rail revenue from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights, and Statista. "Worldwide Passenger Rail Revenue from 2017 to 2022 with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Aug 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights & Statista, Worldwide passenger rail revenue from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413712/global-passenger-rail-revenue-forecast/ (last visited November 10, 2024)
Worldwide passenger rail revenue from 2017 to 2022 with a forecast through 2027 (in billion U.S. dollars) [Graph], Statista Mobility Market Insights, & Statista, August 1, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413712/global-passenger-rail-revenue-forecast/
