In 2023, Italy led European non-specialised stores retail with a 29.15% share of high growth enterprises, followed by Hungary at 28.48% and Romania at 18.31%. Portugal, Czech Republic, and Slovakia were mid-range, while Norway and Iceland had the lowest shares.
The 2023 year-on-year percentage changes highlight Hungary’s notable 25.09% increase. Italy and Norway also saw growth at 9.92% and 10.4%, respectively, whereas Lithuania experienced a decrease of 3.99%. Other countries showed moderate variations, indicating a generally positive trend.
Looking forward, key trends include continued strength in Italy and Hungary. Companies in emerging markets like Romania may achieve more significant growth, driven by digital transformation and cross-border e-commerce adoption across Europe.
Top countries in Number of High Growth Enterprises in Non-Specialised Stores Retail Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.15 | 2023 | +9.01% | +9.92% | View data |
| 2 | 2 Hungary | 28.48 | 2023 | +25.21% | +25.09% | View data |
| 3 | 3 Romania | 18.31 | 2023 | +6.15% | +3.43% | View data |
| 4 | 4 Portugal | 6.17 | 2023 | +4.92% | +5.27% | View data |
| 5 | 5 Czech Republic | 3.47 | 2023 | +14.29% | 0% | View data |
| 6 | 6 Slovakia | 3.04 | 2023 | 0% | +3.91% | View data |
| 7 | 7 Lithuania | 2.99 | 2023 | -1.59% | -3.99% | View data |
| 8 | 8 Latvia | 2.17 | 2020 | +4.65% | +4% | View data |
| 9 | 9 Norway | 1.98 | 2023 | +5.13% | +10.4% | View data |
| 10 | 10 Iceland | 0.29 | 2023 | 0% | +3.71% | View data |
