The European Security Services HICP data for 2023 shows notable increases across most countries. Lithuania leads with a value of 15.379, followed by Poland (12.7), Luxembourg (12.695), Denmark (12.68), Estonia (12.144), Hungary (12.111), Ireland (10.02), and Macedonia (10.0). The year-on-year variation from 2022 showed significant increases, particularly for Lithuania (7.54%) and Poland (6.31%), while Denmark saw a slight decline (-0.13%). Over the past five years, the average annual variation indicates steady growth in most countries.
Looking forward, the European Security Services sector is poised for continued growth with advancements in technology, increased regulatory compliance, and heightened security concerns driving demand. However, economic and geopolitical factors could impact regional differences in future HICP values.
Top countries in Security Services HICP by Country
| # | 8 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 153.79 | 2022 | +12.06% | +7.54% | View data |
| 2 | 2 Poland | 127 | 2022 | +9.58% | +6.31% | View data |
| 3 | 3 Luxembourg | 126.95 | 2022 | +4.96% | +3.58% | View data |
| 4 | 4 Denmark | 126.8 | 2022 | +0.96% | -0.13% | View data |
| 5 | 5 Estonia | 121.44 | 2022 | +15.98% | View data | |
| 6 | 6 Hungary | 121.11 | 2022 | +7.52% | +3.79% | View data |
| 7 | 7 Ireland | 100.2 | 2022 | +3.41% | View data | |
| 8 | 8 Macedonia | 100 | 2022 | 0% | 0% | View data |
