In 2023, Bulgaria and Latvia led the European Travel Intermediary Services Production Index, with values of 12.54 and 12.52 respectively, both above the regional average. Germany, France, and Sweden trailed, reflecting a diverse landscape across Europe. Changes from 2022 show reductions in most countries, with Germany seeing the largest drop at -6.32%, while Hungary remained stable. Over the past five years, the Compound Annual Growth Rate (CAGR) has been modest, reflecting varied national contexts and recovery speeds post-pandemic.
Looking ahead, monitor regulatory impacts on travel services, technological advancements in digital booking platforms, and socio-economic factors influencing travel demand. Both emerging markets and established economies may experience divergent growth patterns in this highly dynamic sector.
Top countries in Travel Intermediary Services Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | 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 | +126.37% | -3.24% | View data |
| 5 | 5 Romania | 91.9 | 2022 | +29.99% | -4.53% | View data |
| 6 | 6 Germany | 90.1 | 2022 | +78.42% | -6.32% | View data |
| 7 | 7 Slovakia | 88.9 | 2022 | +80.32% | -4.41% | View data |
| 8 | 8 France | 88.3 | 2022 | +98.87% | -2.9% | View data |
| 9 | 9 Sweden | 84.5 | 2022 | +162.42% | -3.92% | View data |
| 10 | 10 Finland | 81.6 | 2022 | +116.45% | -5.92% | View data |