In 2023, Germany had the highest value added in legal, accounting, and consultancy activities in Europe, at 27.53 million euros, followed by France at 24.2 million euros and Italy at 12.99 million euros. Notably, Germany and France experienced substantial value increases of 2.24% and 2.8%, respectively. Other noteworthy annual increases included Belgium at 3.0% and Ireland at 3.97%. In contrast, Greece observed a marginal decline of 0.044%. Over the last five years, Belgium and Ireland have emerged as growth leaders in the sector.
Future trends to watch include potential market growth driven by increased demand for consultancy services in response to post-pandemic economic transformations and regulatory changes. Additionally, digital transformation and AI integration within legal and accounting sectors could redefine service offerings and value propositions across Europe.
Top countries in Value Added of Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.53 | 2023 | +2% | +2.24% | View data |
| 2 | 2 France | 24.2 | 2023 | +2.22% | +2.8% | View data |
| 3 | 3 Italy | 12.99 | 2023 | +1.06% | +0.11% | View data |
| 4 | 4 Netherlands | 10.17 | 2023 | +1.71% | +1.72% | View data |
| 5 | 5 Belgium | 9.62 | 2023 | +2.46% | +3% | View data |
| 6 | 6 Spain | 6.08 | 2023 | +1.99% | +2.18% | View data |
| 7 | 7 Austria | 2.79 | 2023 | +2.5% | +2.66% | View data |
| 8 | 8 Ireland | 2.64 | 2023 | +4.03% | +3.97% | View data |
| 9 | 9 Finland | 1.08 | 2023 | +2.75% | +2.72% | View data |
| 10 | 10 Luxembourg | 0.99 | 2023 | +3.36% | +3.85% | View data |
