The analysis of European Social Security Government Procurement indicates Germany, France, and the Netherlands as the top contributors based on procurement value, with Germany slightly declining by 0.07% in 2023. Slovakia experienced the highest growth at 0.44%, while Latvia saw a significant decrease of 4.36%. Estonia and Lithuania showed consistent growth, with increases of 1.09% and 1.46%, respectively. Meanwhile, procurement in Hungary, Finland, and Spain notably declined. The compound annual growth rate over the last five years provides insights into long-term trends but is not detailed here.
Future trends to watch include the continuous growth in Eastern Europe, driven by increasing economic development and the potential intensification of cross-border collaboration in Western Europe to enhance efficiencies within social security systems. The overall impact of economic conditions, political changes, and technological advancements on procurement dynamics will be critical in shaping procurement patterns.
Top countries in Social Security Government Procurement by Country
| # | 10 Countries | Percent of General Government Procurement | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.78 | 2023 | -0.061% | -0.07% | View data |
| 2 | 2 France | 42.57 | 2023 | +0.094% | +0.16% | View data |
| 3 | 3 Netherlands | 41.53 | 2023 | -0.19% | -0.32% | View data |
| 4 | 4 Slovakia | 37.94 | 2023 | +0.37% | +0.44% | View data |
| 5 | 5 Austria | 23.76 | 2023 | +0.21% | +0.11% | View data |
| 6 | 6 Lithuania | 17.69 | 2023 | +1.49% | +1.46% | View data |
| 7 | 7 Poland | 15.23 | 2023 | +0.79% | +1.31% | View data |
| 8 | 8 Slovenia | 15.01 | 2023 | -0.067% | +0.21% | View data |
| 9 | 9 Estonia | 13.1 | 2023 | +1.16% | +1.09% | View data |
| 10 | 10 Iceland | 11.85 | 2023 | 0% | +0.29% | View data |
