Household expenditure on recreation and culture in France stood at 4.2% of GDP in 2023. Forecast data from 2024 to 2027 indicates that this figure will remain stable at 4.2%, with a slight decrease to 4.1% in 2028. Year-on-year variations show no change between 2024 and 2027, and a modest decline of approximately 2.4% from 2027 to 2028. Over the last five years, the average annual change (CAGR) points to stability with negligible variation.
Future trends to watch for:
- Potential impacts of economic shifts, such as changes in disposable income and inflation.
- Evolving consumer preferences towards digital and experiential recreation and culture.
- Government policies supporting cultural activities and their potential impact on household spending.
- Technological advancements in the recreation sector that may influence household expenditure.