In 2023, Germany, France, and the United Kingdom led Europe in output for legal and accounting activities, head office operations, and management consultancy. Their outputs were 231.59, 219.91, and 141.83 billion euros, respectively. Noteworthy growth was seen in Finland (7.51%) and Hungary (9.47%) over the previous year. Over five years, Luxembourg notably surged, while Estonia showed remarkable growth recently (20.43%).
Future trends to watch include:
- Continued digital transformation driving consultancy needs.
- Regulatory changes affecting accounting practices in the EU.
- Economic recovery post-COVID influencing business operations.
Top countries in Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 231,590 | 2023 | +1.9% | +4.55% | View data |
| 2 | 2 France | 219,910 | 2023 | +2.93% | +3.02% | View data |
| 3 | 3 United Kingdom | 141,830 | 2023 | +1.81% | +2.09% | View data |
| 4 | 4 Netherlands | 103,380 | 2023 | +4.99% | +5.94% | View data |
| 5 | 5 Italy | 95,760 | 2023 | +2.81% | +2.91% | View data |
| 6 | 6 Switzerland | 72,360 | 2023 | +2.44% | +5.24% | View data |
| 7 | 7 Belgium | 71,370 | 2023 | +2.89% | +3.44% | View data |
| 8 | 8 Spain | 53,030 | 2023 | +3.21% | +4.6% | View data |
| 9 | 9 Luxembourg | 38,260 | 2023 | +14.44% | +18.59% | View data |
| 10 | 10 Ireland | 29,580 | 2023 | +7.57% | +13.91% | View data |
