From 2024 (3.28%) to 2028 (0.96%), the share of travel services in commercial service exports in Belgium is projected to decline significantly.
Year-on-year variations:
- 2024-2025: -18.29%
- 2025-2026: -21.64%
- 2026-2027: -27.62%
- 2027-2028: -36.84%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -24.15%, reflecting a consistent downward trend.
Key factors to observe include changes in global travel dynamics, policy shifts, and advancements in digital services that might influence the travel sector's portion of commercial service exports. The data highlights the need for strategic adjustments to mitigate the declining trend.
