The European sector of young high growth enterprises (gazelles) in accounting, bookkeeping, and auditing services, and tax consultancy reveals diverse trends. Hungary leads significantly with a notable increase of 56.87% in 2023, showcasing a robust startup ecosystem. Italy follows, showing moderate growth, whereas countries like Lithuania and Portugal exhibit slight decreases. Slovakia and Latvia show smaller but positive growth trends. Stagnation is evident in Norway and the Czech Republic with no growth. This data highlights a varied landscape of entrepreneurial dynamism across Europe.
Looking into the future, digital transformation and regulatory changes are expected to drive further growth in this sector. Emphasis on sustainability and increased demand for data-driven consultancy could open new opportunities for gazelles. Monitoring developments in technology adoption and policy shifts will provide insights into emerging growth patterns in Europe.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Accounting, Bookkeeping and Auditing Services, Tax Consultancy by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 38 | 2023 | +11.76% | +56.87% | View data |
| 2 | 2 Italy | 17 | 2023 | +13.33% | +16.27% | View data |
| 3 | 3 Lithuania | 4 | 2023 | 0% | -5.43% | View data |
| 4 | 4 Portugal | 4 | 2023 | 0% | +14.87% | View data |
| 5 | 5 Slovakia | 3 | 2023 | 0% | +8.45% | View data |
| 6 | 6 Latvia | 2 | 2023 | +100% | +14.87% | View data |
| 7 | 7 Norway | 1 | 2023 | 0% | 0% | View data |
| 8 | 8 Czech Republic | 1 | 2023 | 0% | 0% | View data |