The European Travel Intermediary Services Production Index reveals significant variances across different countries. As of 2024, Bulgaria and Latvia lead with index values above 12, while Hungary remains the lowest at 6.63. The majority of countries experienced a year-on-year decline between 2022 and 2023, with notable contractions in Slovenia and Germany, which posted declines of 4.99% and 5.97%, respectively. Over the last five years, the Compound Annual Growth Rate (CAGR) further highlights the diverging trends with several countries facing consistent contractions.
Future trends to watch in the European Travel Intermediary Services sector include:
- Technological advancements driving digital interaction within the travel sector.
- The potential impact of economic fluctuations on consumer travel behaviors.
- Changes in regulations and policies related to travel and tourism across Europe.
- Continued recovery and growth potential post-pandemic as travel demand stabilizes.
Top countries in Travel Intermediary Services Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 125.4 | 2022 | +85.78% | -0.32% | View data |
| 2 | 2 Latvia | 125.2 | 2022 | +59.49% | -2.17% | View data |
| 3 | 3 Slovenia | 96.3 | 2022 | +99.38% | -4.99% | View data |
| 4 | 4 Czech Republic | 95.3 | 2022 | +126.9% | -3.24% | View data |
| 5 | 5 Romania | 91.2 | 2022 | +29.91% | -4.5% | View data |
| 6 | 6 Germany | 90.8 | 2022 | +78.04% | -5.97% | View data |
| 7 | 7 Slovakia | 88.9 | 2022 | +80.32% | -4.41% | View data |
| 8 | 8 France | 88.5 | 2022 | +99.32% | -2.84% | View data |
| 9 | 9 Sweden | 84.4 | 2022 | +162.11% | -3.94% | View data |
| 10 | 10 Finland | 81.7 | 2022 | +117.29% | -5.89% | View data |