Forecast: Telecom Output in Belgium

The telecom output in Belgium demonstrated fluctuations over the past decade, starting at 12.06 billion Euros in 2013 and decreasing to 11.31 billion Euros by 2023. Notable variations include a significant drop of 5.37% in 2020 due to external shocks and a subsequent modest recovery with annual variations hovering around ±1%. The Compound Annual Growth Rate (CAGR) was -0.099% over the last five years, indicating stability with minor declines.

Looking ahead, the forecast suggests a stable telecom output maintaining around 11.34 billion Euros until 2028 with a forecasted 5-year CAGR of 0.04%, reflecting minimal growth. Key future trends to watch include advancements in 5G technology, increasing digitization, and potential impacts from regulatory changes and economic conditions.