Based on the forecasted data, the ICT industry share in Belgium's GDP is expected to rise consistently from 4.77% in 2024 to 5.00% in 2028. The year-on-year percentage variations are as follows:
- 2024-2025: (4.85 - 4.77) / 4.77 * 100 = 1.68%
- 2025-2026: (4.91 - 4.85) / 4.85 * 100 = 1.24%
- 2026-2027: (4.96 - 4.91) / 4.91 * 100 = 1.02%
- 2027-2028: (5.00 - 4.96) / 4.96 * 100 = 0.81%
The compound annual growth rate (CAGR) over the period from 2024 to 2028 is approximately 1.18% per year, indicating a steady upward trend in the ICT sector's contribution to the GDP.
Future trends to watch for in the ICT industry in Belgium include advancements in AI and machine learning, continued growth in cloud computing services, and increased emphasis on cybersecurity. These factors are likely to drive further growth in the ICT sector's contribution to the national economy.
