The United States leads global government expenditures in recreation, culture, and religion, followed by Germany and France. Over 2023, countries like Poland, Hungary, and Romania showed significant growth, with year-on-year increases of over 4%. South Korea and Denmark also witnessed appreciable growth above the 2% mark. Conversely, the UK experienced a slight decline, reflecting a unique trend among major economies.
Looking forward, countries that are already high spenders, like the United States and Germany, may continue to dominate. However, emerging growth in Eastern European nations like Poland and Hungary could change the dynamics, signaling a potential shift towards more localized cultural investments.
Top countries in General Government Expenditures on Recreation, Culture and Religion Share by Country (Million US Dollars PPP)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 15.74 | 2023 | +1.53% | +1.81% | View data |
2 | 2 Germany | 13.25 | 2023 | +1.85% | +1.6% | View data |
3 | 3 France | 12.61 | 2023 | +1.72% | +2.62% | View data |
4 | 4 South Korea | 5.97 | 2023 | +2.9% | +2.43% | View data |
5 | 5 Spain | 5.7 | 2023 | +0.52% | +1.02% | View data |
6 | 6 Japan | 5.58 | 2023 | +1.49% | +1.45% | View data |
7 | 7 Poland | 4.86 | 2023 | +3.07% | +3.44% | View data |
8 | 8 United Kingdom | 4.68 | 2023 | -0.46% | -0.55% | View data |
9 | 9 Australia | 3.5 | 2023 | +2.05% | +2.1% | View data |
10 | 10 Netherlands | 3.19 | 2023 | +1.08% | +1.08% | View data |