Based on the data, the year-on-year variations in percentage from 2024 to 2028 are as follows:
- 2024-2025: ((24.112/23.891) - 1) * 100 = 0.92%
- 2025-2026: ((24.331/24.112) - 1) * 100 = 0.91%
- 2026-2027: ((24.547/24.331) - 1) * 100 = 0.89%
- 2027-2028: ((24.762/24.547) - 1) * 100 = 0.87%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is calculated as follows:
CAGR = (24.762/23.891)^(1/4) - 1 = 0.908%
Future trends to watch for in the International Tourism Receipts for Travel Items in Austria include the impact of global economic conditions, changes in tourism policies both domestically and internationally, and developments in travel technology and infrastructure that could influence tourist inflow and spending patterns.
