Global general government investment in recreation, culture, and religion shows significant variability across countries. In 2023, Hungary led with substantial investments, followed by Portugal and Israel, each surpassing the 12% mark. Countries like the UK and the US lagged, with the UK even marking a negative value. Year-on-year variations show prominent increases in Latvia and Hungary, while Slovenia and Chile faced declines. Long-term analysis indicates stable growth trends in nations like Sweden and Japan, whereas countries like Italy and Germany grapple with minor declines.
Future trends to watch include the possibility of continued investment growth in Eastern European countries, as well as the implications of fiscal policies on cultural spending in economically large yet investment-poor nations such as the UK and the US. Monitoring developing economies’ investment capabilities is also crucial, as shifts here might influence global trends. Additionally, geopolitical stability can alter investment priorities in the recreation, culture, and religion sectors worldwide.
Top countries in General Government Investment in Recreation, Culture and Religion by Country
| # | 10 Countries | Percent of General Government Investment | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 13.54 | 2023 | +3.2% | +4.39% | View data |
| 2 | 2 Portugal | 13.31 | 2023 | +1.76% | +3.13% | View data |
| 3 | 3 Israel | 12.16 | 2023 | +0.83% | +0.15% | View data |
| 4 | 4 Poland | 10.7 | 2023 | +0.85% | +0.26% | View data |
| 5 | 5 Latvia | 10.43 | 2023 | +3.27% | +4.85% | View data |
| 6 | 6 Finland | 9.3 | 2023 | +2.76% | +1.53% | View data |
| 7 | 7 Luxembourg | 8.6 | 2023 | +0.12% | -1.3% | View data |
| 8 | 8 France | 7.88 | 2023 | -0.25% | +0.57% | View data |
| 9 | 9 Lithuania | 7.34 | 2023 | -0.94% | +0.58% | View data |
| 10 | 10 Czech Republic | 7.33 | 2023 | -0.54% | -3.24% | View data |
