Forecast: Share of Travel Services in Services Exports in Belgium

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.

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