The European Accommodation and Food Services Production Index highlights Romania as the leader with a value of 21.23, marked by an impressive year-on-year growth of 8.22% in 2022. Hungary and Lithuania follow, though Hungary showed no growth, while Lithuania saw a 4.4% increase. Countries like Bulgaria, Slovenia, and Latvia also reported growth, with Bulgaria's 5.92% being noteworthy. However, giants like Germany (-1.83%) and Czech Republic (-5.62%) experienced declines, pulling down their indexes to 10.18 and 9.22, respectively. Variation over the past five years indicates diverging growth trajectories within the region.
Future trends to monitor include the potential for recovery and growth acceleration in countries like Germany and Czech Republic, which have shown recent declines. Watch for changing consumer behaviors, economic conditions, and post-pandemic tourism recovery, all crucial for shaping European Accommodation and Food Services indexes moving forward.
Top countries in Accommodation and Food Services Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 212.3 | 2022 | +28.9% | +8.22% | View data |
| 2 | 2 Hungary | 155.6 | 2022 | +40.69% | View data | |
| 3 | 3 Lithuania | 147.6 | 2022 | +41.38% | +4.4% | View data |
| 4 | 4 Bulgaria | 144.4 | 2022 | +33.58% | +5.92% | View data |
| 5 | 5 Slovenia | 140.9 | 2022 | +53.15% | +3.65% | View data |
| 6 | 6 Latvia | 133.2 | 2022 | +63.04% | +1.15% | View data |
| 7 | 7 Slovakia | 132.8 | 2022 | +36.91% | +3.25% | View data |
| 8 | 8 France | 127.5 | 2022 | +41.35% | +3.34% | View data |
| 9 | 9 Sweden | 112.6 | 2022 | +24.01% | +1.27% | View data |
| 10 | 10 Finland | 110.5 | 2022 | +22.78% | +0.5% | View data |
