Key Market Indicators
Greek music expenditure is projected to hit €11 billion by 2028, up from €9.9 billion in 2023, reflecting an average annual growth rate of 1.7%. Since 2000, demand for music in Greece has grown by an average of 5.4% each year. In 2023, Greece ranked 17th in music expenditure, with Romania slightly ahead at €9.9 billion. Germany, France, and Italy occupied the second, third, and fourth spots, respectively. On the revenue side, Greek music revenue is expected to decrease to €4.8 million by 2028 from €7.2 million in 2023, marking an average annual decline of 6.2%. Since 2013, the Greek music market has seen a yearly decrease of 12.2%.