Forecast: International Passenger Transport Expenditure from Egypt

The provided data from 2024 to 2028 shows a consistent decline in International Passenger Transport Expenditure from Egypt, with values starting at 144.9 million USD in 2024 and projected to decrease to 105.7 million USD by 2028. The series for the years 2024 onwards are forecasted values, while previous years are actual figures. Comparisons to 2023 values would highlight more detail in year-on-year variations and provide insight into trend progression.

The year-on-year percentage change reveals a decreasing trend: ~7.6% in 2025, ~7.5% in 2026, ~7.6% in 2027, and ~7.6% in 2028. Over the five years, the Compound Annual Growth Rate (CAGR) averages a decline of approximately 7.57% per year, suggesting a steady reduction over the period.

Future trends to watch include potential economic factors impacting international travel demand from Egypt, shifts in consumer behavior, and changes in global travel restrictions or policies, particularly in post-pandemic recovery phases. Monitoring these elements can provide insights into whether the forecasted downward trend will persist or if recovery signs emerge.