The European turnover for collection agencies and credit bureaus shows Germany leading with €33.15 million, followed by the United Kingdom at €23.76 million. Italy, Spain, and France also demonstrate notable turnovers with €12.4 million, €6.35 million, and €4.46 million, respectively. The expenditures in Finland, Norway, and Austria are fairly modest, while other countries like Bosnia and Herzegovina register €0.014 million. From 2023 to 2024, notable increases occurred in Austria, Serbia, and Bosnia and Herzegovina, while Spain and Portugal experienced declines. Overall, Bulgaria and Latvia showed remarkable year-on-year growth.
Future trends to watch include the potential increase in digitization and automation impacting the sector, especially in western and central Europe. Continuous growth is expected in emerging markets like Bosnia and Herzegovina due to evolving financial landscapes. Monitoring economic stability and regulatory environments remains crucial.
Top countries in Turnover of Collection Agencies and Credit Bureaus Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.15 | 2023 | +4.31% | +1.62% | View data |
| 2 | 2 United Kingdom | 23.76 | 2023 | +2.28% | +2.97% | View data |
| 3 | 3 Italy | 12.4 | 2023 | +2.54% | +4.13% | View data |
| 4 | 4 Spain | 6.35 | 2023 | -5.01% | -3.51% | View data |
| 5 | 5 France | 4.46 | 2023 | -0.6% | -0.018% | View data |
| 6 | 6 Finland | 3.96 | 2023 | +4.78% | +5.28% | View data |
| 7 | 7 Norway | 3.32 | 2023 | +0.36% | -2.75% | View data |
| 8 | 8 Austria | 3 | 2023 | +3.06% | +12.18% | View data |
| 9 | 9 Sweden | 2.84 | 2023 | +0.3% | +0.88% | View data |
| 10 | 10 Denmark | 1.26 | 2023 | +4.69% | +4.67% | View data |
