In 2023, Serbia (34.8) and Macedonia (20.59) exhibited the highest HICP values, reflecting significant price increases compared to a baseline of 2015. Other notable increases were seen in Estonia (17.635) and France (16.532). Key year-on-year variations show Macedonia leading with a 15.2% increase, while Italy saw a minor decrease of 0.35%. Over the last five years, the CAGR has revealed an average annual increase, consistently showing growth across most countries.
Looking forward, potential economic fluctuations, shifts in travel demand, and changes in tourism policies will likely influence the HICP for package holidays. Market dynamics such as geopolitical changes, inflation rates, and technological advancements in travel may further impact holiday pricing trends across Europe.
Top countries in Package International Holidays HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 348 | 2022 | +14.29% | View data | |
| 2 | 2 Macedonia | 205.9 | 2022 | +2.19% | +15.2% | View data |
| 3 | 3 Estonia | 176.35 | 2022 | +23.66% | View data | |
| 4 | 4 France | 165.32 | 2022 | +22.05% | +8.04% | View data |
| 5 | 5 Poland | 155.2 | 2022 | +27.21% | +9.5% | View data |
| 6 | 6 Czech Republic | 135.9 | 2022 | +13.16% | +6.44% | View data |
| 7 | 7 Hungary | 134.85 | 2022 | +8.64% | +8.11% | View data |
| 8 | 8 Bulgaria | 131.89 | 2022 | +10.58% | +8.17% | View data |
| 9 | 9 Latvia | 126.4 | 2022 | +24.67% | +5.78% | View data |
| 10 | 10 Luxembourg | 125.38 | 2022 | +9.75% | +3.25% | View data |