European Final Consumption Expenditure of Non-resident Households Share by Country (Million Euros)

The European Final Consumption Expenditure of Non-resident Households Share in Million Euros showed notable variations in 2023, with France and Spain experiencing marginal decreases of around 3%, while the United Kingdom saw a gain of 3.2%. Other countries that faced notable changes include Slovenia and Cyprus with declines of around 1.79% and 5.18%, respectively, while Serbia and Romania demonstrated significant growth at 14.19% and 11.05%. Over the past five years, these variations align with larger economic patterns, with emerging markets showing potential growth, while established markets face stagnation or mild decline.

Future trends to monitor will include post-pandemic recovery trajectories, especially as the Service Sector and Tourism adjust to newer economic norms. The potential impacts of the European energy transition, inflation, and shifts in domestic consumption will also influence these expenditure patterns.