In 2023, Italy led in high-growth enterprises in office administrative, office support, and business support activities with 710 enterprises, showing a year-on-year growth of 6.47%. Hungary followed with 302 enterprises, experiencing substantial growth at 16.79%. Portugal and the Czech Republic also saw increases, while Romania and Norway faced declines. Iceland reported the least growth, maintaining only 1 such enterprise.
Future trends to watch include:
- Impact of digitalization on enterprise growth across Europe.
- Potential recovery in countries with negative growth, like Romania and Norway.
- Central and Eastern Europe maintaining strong growth momentum.
- Implications of economic policies on enterprise expansion and sustainability.
Top countries in Number of High Growth Enterprises in Office Administrative, Office Support and Other Business Support Activities by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 710 | 2023 | +13.6% | +6.47% | View data |
| 2 | 2 Hungary | 302 | 2023 | +23.27% | +16.79% | View data |
| 3 | 3 Portugal | 143 | 2023 | +5.93% | +2.24% | View data |
| 4 | 4 Czech Republic | 107 | 2023 | +8.08% | +3.99% | View data |
| 5 | 5 Slovakia | 97 | 2023 | +10.23% | +6.74% | View data |
| 6 | 6 Lithuania | 28 | 2023 | +7.69% | +2.29% | View data |
| 7 | 7 Romania | 14 | 2023 | -50% | -33.54% | View data |
| 8 | 8 Norway | 12 | 2023 | -7.69% | -9.71% | View data |
| 9 | 9 Latvia | 8 | 2023 | 0% | +2.71% | View data |
| 10 | 10 Iceland | 1 | 2023 | 0% | View data |
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