Based on the forecasted data for the share of travel services imports in services imports in Chile, the trend shows a consistent decrease over the years:
- 2024: 5.62%
- 2025: 5.36% (-4.63% YoY)
- 2026: 5.1% (-4.85% YoY)
- 2027: 4.84% (-5.1% YoY)
- 2028: 4.59% (-5.17% YoY)
Compound Annual Growth Rate (CAGR) over the last 5 years: -4.96%
Anticipate continued declines in the share of travel services imports within overall services imports. Factors to monitor include innovations in travel technology, fluctuations within the global tourism sector, and the potential impact of economic policies on international travel.
