Key Market Indicators
Belgian IT services exports are projected to surge to approximately €47.9 billion by 2028, up from around €33 billion in 2023. This represents a compound annual growth rate (CAGR) of 5.8% over the period. Since the turn of the millennium, Belgium's IT services supply has seen an average annual growth of 10.6%. In the current year, Belgium holds the ninth spot in the global ranking for IT services exports. Notably, Spain has surpassed Belgium in 2023, matching the €33 billion mark. Meanwhile, France, the United Kingdom, and Italy occupy the second, third, and fourth positions, respectively, in this competitive landscape.
