From 2013 to 2023, government subsidies on housing in Belgium showed significant fluctuations. The series stood at 221.6 million euros in 2023. Early sharp increases in the value, particularly notable between 2015 and 2017, illustrated heightened government intervention. Subsequent values displayed a steady incline, aside from a pronounced dip in 2015. Year-on-year variations underscored periods of aggressive expansion, especially in 2016 with a 94.56% increase. Over the last two years (2022 and 2023), growth rates moderated, showing a 1.34% growth in 2022 and a 4.43% rise in 2023. The compound annual growth rate (CAGR) over the past five years (2018-2023) was 11.48%, highlighting the relatively consistent increment in subsidies.
Looking ahead, the forecast suggests a slower but steady annual growth rate of 3.02% between 2024 and 2028, representing an overall growth rate of 16.02% over this period. Future trends to watch for include policy changes in governmental housing support strategies, economic conditions influencing budget allotments, and potential shifts in housing market needs which may prompt reassessments of subsidy allocations.
