In 2023, Poland led the European Legal Services and Accountancy HICP with a notable value of 17.45, followed by Malta at 13.479. Other countries with significant values include Ireland (12.88), Slovenia (12.52), and Austria (12.284). Countries like Cyprus, Luxembourg, Slovakia, Spain, and Estonia recorded a consistent value of 10.0.
The year-on-year variations for 2022 showed that Slovenia experienced the highest growth at 4.6%, while Germany and the Netherlands observed increases of 3.67% and 3.51%, respectively. Countries including Poland, Malta, Ireland, and Cyprus maintained stable values with no significant changes.
Future trends indicate a closer monitoring of the economic and regulatory environment which might impact the HICP values. Strategies are likely to shift towards digital transformation, regulatory adjustments, and market consolidation, influencing cost structures and service offerings across the European markets.
Keep an eye on:
- Impact of regulatory changes and harmonization across the EU
- Increased digitization in legal and accountancy services
- Evolving client demands for more value-driven services
Top countries in Legal Services and Accountancy HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 174.5 | 2022 | 0% | 0% | View data |
| 2 | 2 Malta | 134.79 | 2022 | +8.4% | View data | |
| 3 | 3 Ireland | 128.8 | 2022 | +6.98% | View data | |
| 4 | 4 Slovenia | 125.2 | 2022 | 0% | +4.6% | View data |
| 5 | 5 Austria | 122.84 | 2022 | +2.52% | +1.54% | View data |
| 6 | 6 Netherlands | 122.14 | 2022 | +3.58% | +3.51% | View data |
| 7 | 7 Hungary | 116.51 | 2022 | +0.22% | +0.057% | View data |
| 8 | 8 Germany | 116.1 | 2022 | +1.49% | +3.67% | View data |
| 9 | 9 Romania | 114.95 | 2022 | +4.66% | View data | |
| 10 | 10 Sweden | 110.75 | 2022 | +1.19% | +1.49% | View data |
