Oxford Economics Study: The Economic Footprint of Railway Transport

A new study prepared by Oxford Economics The Economic Footprint of Railway Transport in Europe confirms the strong economic impact of the European railway sector. Using 2023 data, the study commissioned by the Community of European Railway and Infrastructure Companies (CER) shows that rail combines above-average productivity with resilience and innovation, playing a central role in Europe’s post-COVID-19 recovery and future growth.

With a total contribution of €247 billion to the EU economy and supporting 3.1 million jobs, railways offer one of the largest economic footprints of any transport mode while preserving the lowest carbon footprint.

Find out more below.