In 2023, Italy leads Europe in the number of enterprises in accounting, bookkeeping, and auditing services with 134,900 enterprises, recording a modest growth of 0.71%. Spain and Poland follow with significant presence and robust growth rates of 1.17% and 3.05%, respectively. Germany and the United Kingdom exhibit contrasting trends, with Germany declining by 4.05% whereas the UK rises by 1.61%. Countries like the Netherlands, Slovakia, and Lithuania experience notable expansion. Conversely, France and Latvia face declines. The diverse growth patterns highlight the varying economic conditions and market dynamics across Europe.
Looking ahead, the European market for accounting and related services is projected to see substantial growth in emerging Eastern European markets due to strong CAGR trends, with countries like Slovakia and Croatia poised for expansion. The sector's evolution will be influenced by demand for digital transformation and advisory services, alongside regulatory changes in cross-border taxation and financial reporting. Additionally, geopolitical shifts and economic growth in key countries may reshape enterprise distribution in this industry.
Top countries in Number of Enterprises of Accounting, Bookkeeping and Auditing Services, Tax Consultancy by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 134,900 | 2023 | +0.69% | +0.71% | View data |
| 2 | 2 Spain | 72,920 | 2023 | +1.37% | +1.17% | View data |
| 3 | 3 Poland | 51,670 | 2023 | +3.61% | +3.05% | View data |
| 4 | 4 Germany | 48,910 | 2023 | -4.53% | -4.05% | View data |
| 5 | 5 United Kingdom | 47,350 | 2023 | +1.41% | +1.61% | View data |
| 6 | 6 Czech Republic | 46,540 | 2023 | +0.61% | +0.5% | View data |
| 7 | 7 Netherlands | 40,680 | 2023 | +4.15% | +3.27% | View data |
| 8 | 8 Hungary | 29,410 | 2023 | +0.79% | +0.7% | View data |
| 9 | 9 Sweden | 23,040 | 2023 | +1.02% | +1.63% | View data |
| 10 | 10 Portugal | 22,800 | 2023 | +0.091% | -0.058% | View data |
