The analysis of the European Value Added of ICT share reveals that in 2023, France leads with a value of 61.92 million euros, followed by Belgium at 10.35 million euros. Other countries, such as Finland and Austria, show mid-range values, while Greece, Croatia, Estonia, and Cyprus present lower figures. Year-on-year variations from 2023 indicate significant growth in Estonia and Cyprus, with increases of 11.15% and 13.7%, respectively. In general, countries like Portugal and Croatia also exhibit notable improvements, up by approximately 9.64% and 9.59%.
Future trends to observe include the particularly dynamic markets of Cyprus and Estonia, signaling potential expansion opportunities. Additionally, consistent growth in Portugal and Croatia suggests an upward trajectory in ICT value. Conversely, Greece's slight decline needs attention to understand underlying factors.
Top countries in Value Added of ICT Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 61.92 | 2023 | +1.86% | +1.83% | View data |
| 2 | 2 Belgium | 10.35 | 2023 | +2.44% | +3.33% | View data |
| 3 | 3 Finland | 7.6 | 2023 | +4.96% | +5.14% | View data |
| 4 | 4 Austria | 7.57 | 2023 | +3.34% | +3.34% | View data |
| 5 | 5 Portugal | 4.99 | 2023 | +7.51% | +9.64% | View data |
| 6 | 6 Greece | 2.41 | 2023 | -0.73% | -0.043% | View data |
| 7 | 7 Croatia | 1.62 | 2023 | +8.47% | +9.59% | View data |
| 8 | 8 Estonia | 1.2 | 2023 | +8.54% | +11.15% | View data |
| 9 | 9 Cyprus | 1.19 | 2023 | +10.34% | +13.7% | View data |
| 10 | 10 Slovenia | 1.15 | 2023 | +7.57% | +8.2% | View data |