Forecast: Household Expenditure on Recreation and Culture in Finland

In 2023, household expenditure on recreation and culture in Finland stood at 4.3% of GDP. Forecast data indicates a gradual decline: remaining stable at 4.3% across 2024 and 2025, decreasing to 4.2% in 2026 and 2027, and reaching 4.1% by 2028. Year-on-year variations show a consistent pattern, with no changes between 2023 and 2025, and a subsequent decline of 2.3% annually from 2026 onwards. The compound annual growth rate (CAGR) over the five-year period is approximately -1.16%.

Future trends to watch for include potential impacts from demographic changes, economic factors like disposable income, technological advancements in entertainment, and shifts in consumer preferences towards digital and online recreational activities. Monitoring these factors will provide insight into the trajectory of household expenditure in this sector.

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