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Europeans Pay the Most for Public Transport

This is a syndicated repost published with the permission of Statista | Infographics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Creating and maintaining reliable, efficient and cheap public transportation networks is one of the key pillars of the transition towards a more sustainable mobility sector. This is especially true for rural environments since bigger cities around the world usually already have a solid public transport infrastructure in place and smaller towns and villages often have to rely on households owning cars to stay connected. When it comes to affordability, even the most advanced countries in Europe still have a long way to go.

As our chart based on data from our Statista Mobility Market Outlook shows, Swiss public transport users on average pay an estimated $46 for local and regional connections via train or bus per month. Four of the remaining seven spots in the top 8 are taken up by Nordic countries, with Denmark and Sweden leading this group with average monthly user revenues of roughly $44 and $42, respectively. On the other end of the spectrum are Asian and African countries. In Pakistan, Nigeria, Kenya and India, for example, the average monthly revenue per user is approximately $1, while Chinese and Thai public transportation companies earn about $3 per month and user. Japan and South Korea ranked 17th and 21st out of 45 analyzed countries, with average monthly per-user revenues of $21 and $17.

Overall, the public transportation sector will generate an estimated $261 billion worldwide in 2022, an increase of 21 percent after the pandemic-induced slump of 2021. Compared to the automobile industry, the public transportation industry’s revenues are minuscule. In 2022, car makers are estimated to earn roughly $2 trillion worldwide, selling around 73.4 million passenger cars, among them 20 million small SUVs and 14 million medium cars, around the globe.

This chart shows the countries with the highest estimated average monthly revenue per public transport user.

countries with the highest estimated average monthly revenue per public transport user

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