Travel services in Angola's commercial service imports saw a significant increase from 2013 to 2023. The value stood at 14.52 units in 2023, up from a low of 0.47 units in 2014. Over the past two years, there was a -3.5% year-on-year variation from 2022 to 2023, following a high increase of 5.04% from 2021 to 2022. From 2019 to 2023, the compound annual growth rate (CAGR) was 11.8%.
Future trends to watch for:
- Continued growth is expected with forecasted values suggesting an increase to 19.64 units by 2028, reflecting a 24.05% growth rate over five years.
- The average annual growth over this forecast period is projected at 4.4% (CAGR), indicating sustained interest and expansion in travel services within commercial imports.
