In 2023, Belgium led in the Gross Value Added (GVA) share for Public Administration and Defence, Compulsory Social Security, followed by Austria, Greece, and Portugal. The smaller economies like Malta and Estonia showed higher year-on-year growth rates, reflecting significant investments or structural changes in these sectors. Notably, Estonia and Malta exhibited impressive growth rates of 7.55% and 8.12% respectively, suggesting dynamic shifts.
Looking forward, we could see continued investment in technological innovations across these sectors, driving efficiency and growth. The focus on green and digital transformations, especially in stronger economies, may further influence GVA distribution across European countries.
Top countries in Public Administration and Defence, Compulsory Social Security Gross Value Added Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 35.78 | 2023 | +6.13% | +5.2% | View data |
| 2 | 2 Austria | 18.42 | 2023 | +3.23% | +3.32% | View data |
| 3 | 3 Greece | 15.11 | 2023 | +0.87% | +0.69% | View data |
| 4 | 4 Portugal | 13.34 | 2023 | +3% | +3.6% | View data |
| 5 | 5 Slovakia | 6.71 | 2023 | +2.06% | +5.71% | View data |
| 6 | 6 Croatia | 3.77 | 2023 | +2.14% | +5.24% | View data |
| 7 | 7 Latvia | 2.2 | 2023 | +2.27% | +4.34% | View data |
| 8 | 8 Cyprus | 2 | 2023 | +4.26% | +6.74% | View data |
| 9 | 9 Estonia | 1.82 | 2023 | +6.1% | +7.55% | View data |
| 10 | 10 Malta | 0.87 | 2023 | +7.27% | +8.12% | View data |
