In 2023, Germany led European household expenditure on audio-visual equipment, photographic, and information processing equipment with 32.47 billion euros, followed by Italy at 14.02 billion and France at 13.19 billion. Countries with the smallest expenditures included Estonia, Luxembourg, and Ireland. Year-on-year trends showed Italy with the highest growth at 10.85%, while Ireland declined by 11.66%. Over five years, expenditure growth was moderate across Europe, influenced by technological advancements and purchasing power variations.
Future trends to watch include increased spending driven by digital transformation and consumer demand for high-tech products. The rise in home-based entertainment and remote work setups will likely shape future expenditures across European households.
Top countries in Household Expenditure on Audio-Visual Equipment, Photographic and Information Processing Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32,470 | 2023 | +0.78% | +1.99% | View data |
| 2 | 2 Italy | 14,020 | 2023 | +11.2% | +10.85% | View data |
| 3 | 3 France | 13,190 | 2023 | -0.98% | -0.18% | View data |
| 4 | 4 Netherlands | 7,000 | 2023 | +5.31% | +6.35% | View data |
| 5 | 5 Spain | 6,470 | 2023 | +7.81% | +7.94% | View data |
| 6 | 6 Finland | 1,340 | 2023 | +1.43% | +0.015% | View data |
| 7 | 7 Slovakia | 1,250 | 2023 | +11.25% | +8.5% | View data |
| 8 | 8 Greece | 1,190 | 2023 | +1.84% | +10.48% | View data |
| 9 | 9 Croatia | 891.77 | 2023 | +16.67% | +15.76% | View data |
| 10 | 10 Lithuania | 626.98 | 2023 | +2.63% | +10.13% | View data |
