Transportation is one of the leading household expenditure types after healthcare, housing, and food. Household consumption expenditure on Transport in Belgium attained a value of $27 billion in 2020. It recorded a decline of 14.3% in 2020 compared to the previous year. Between 2010-2020, the household consumption expenditure on Transport in Belgium decreased by 12.1%. The indicator in Belgium was highest in the year 2011 and lowest in the year 2015, between 2010 and 2020.
This indicator refers to household consumption expenditure on transport. Transport includes spending on motor vehicles (purchase and operation), motor vehicle parts, accessories, fuel, maintenance, repair, and public transportation (ground, air, and water).
According to GlobalData, the countries with the highest household consumption expenditure on Transport in 2020 were the United States, Germany, France, Italy, Canada, Mexico, Spain, Turkey, Australia, and the Netherlands.
Namibia, Montenegro, Malta, Bosnia and Herzegovina, Mongolia, Iceland, Estonia, Cyprus, Latvia, and Croatia are the countries with the lowest household consumption expenditure on Transport in 2020.
Between 2010 and 2020, Mongolia, Romania, Iceland, Ukraine, Azerbaijan, Lithuania, Poland, the United States, Estonia, and Latvia were some of the countries with the highest growth in household consumption expenditure on Transport. Namibia, Greece, Colombia, Australia, Croatia, Bosnia and Herzegovina, Italy, Spain, Cyprus, and Norway were some of the countries with the lowest growth in household consumption expenditure on Transport.
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer