| Year | Share of Travel Services (%) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 3.16 | - |
| 2025 | 2.55 | -19.34 |
| 2026 | 1.95 | -23.53 |
| 2027 | 1.36 | -30.26 |
| 2028 | 0.77 | -43.38 |
Compound Annual Growth Rate (CAGR) (2024-2028): -30.13%
The share of travel services in Belgium’s services exports is expected to decline significantly from 3.16% in 2024 to 0.77% in 2028, representing a -30.13% CAGR. Future trends to watch include shifts in global travel dynamics, economic conditions in key tourist markets, and policy changes impacting international travel.