Key Market Indicators
Belgian transportation revenue is projected to reach approximately €27.6 billion by 2028, up from €25.4 billion in 2023. This marks an average annual growth rate of 1.3%. Historical data show that since 1975, the Belgian market has experienced an annual growth rate of 2%. In 2023, Belgium ranked sixth in transportation revenue, with the Netherlands surpassing it with €25.4 billion. France, Italy, and Spain took the second, third, and fourth spots, respectively. Belgian transportation expenditure is also expected to grow, reaching around €27.6 billion by 2028, up from €25.6 billion in 2023. This represents an average annual growth rate of 1.2%. Since 2000, Belgian demand has seen a modest annual increase of 0.1%. In 2023, Belgium was tenth in transportation expenditure, with Sweden leading at €25.6 billion. The United Kingdom, France, and Italy occupied the second, third, and fourth positions, respectively.