In 2023, Lithuania led the European share of young high-growth enterprises in the office administrative and business support sectors at 12.73%, followed by Hungary at 7.89%, and Slovakia at 6.71%. The Czech Republic, Italy, and Portugal showed moderate shares ranging from 5.04% to 2.2%, while Latvia, Romania, and Norway maintained lower shares between 2.11% and 0.52%. This distribution reflects a variable but concentrated growth dynamic within Eastern European and Baltic countries, with Western and Nordic nations registering lower activity levels.
Future trends to watch include:
- Eastern Europe's continued leadership in fostering gazelles, potentially increasing regional innovation and employment.
- Western European countries possibly ramping up initiatives to boost support for young high-growth enterprises.
- Monitoring regulatory and economic changes, which could impact growth patterns across different EU regions.
Top countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Office Administrative, Office Support and Other Business Support Activities by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 12.73 | 2023 | View data |
| 2 | 2 Hungary | 7.89 | 2023 | View data |
| 3 | 3 Slovakia | 6.71 | 2023 | View data |
| 4 | 4 Czech Republic | 5.04 | 2023 | View data |
| 5 | 5 Italy | 2.43 | 2023 | View data |
| 6 | 6 Portugal | 2.2 | 2023 | View data |
| 7 | 7 Latvia | 2.11 | 2023 | View data |
| 8 | 8 Romania | 1.67 | 2023 | View data |
| 9 | 9 Norway | 0.52 | 2023 | View data |
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