As of 2024, Iceland leads European countries in household expenditure on imputed rentals for housing, with Luxembourg, Finland, and Ireland following closely. Notably, Slovakia, Hungary, Lithuania, and Romania have seen significant year-on-year increases, reflecting economic shifts or housing market adjustments. In contrast, Norway displayed a slight decline, which might indicate market stabilization or other influencing factors. Over the past five years, growth trends are prominent across Eastern Europe, with particular emphasis on economies with lower base values, suggesting accelerated development.
Future trends to monitor include potential shifts in consumer behavior due to increasing interest rates or economic uncertainties, which may impact the trajectory of housing-related expenditures. Additionally, increasing demands for sustainable housing might redefine expenditure priorities across Europe. The evolution of urbanization and demographic shifts will also play a critical role in shaping these expenditures.
Top countries in Household Expenditure on Imputed Rentals for Housing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 5,340 | 2023 | +2.24% | +2.79% | View data |
| 2 | 2 Luxembourg | 4,470 | 2023 | +0.22% | +0.64% | View data |
| 3 | 3 Finland | 4,150 | 2023 | +2.32% | +2.4% | View data |
| 4 | 4 Ireland | 4,150 | 2023 | +4.82% | +5.41% | View data |
| 5 | 5 United Kingdom | 3,740 | 2023 | +0.4% | +0.76% | View data |
| 6 | 6 Norway | 3,480 | 2023 | +1.37% | -0.034% | View data |
| 7 | 7 Denmark | 3,380 | 2023 | +2.9% | +2.66% | View data |
| 8 | 8 Netherlands | 3,060 | 2023 | +2.68% | +3.15% | View data |
| 9 | 9 Austria | 2,920 | 2023 | +2.75% | +3.14% | View data |
| 10 | 10 France | 2,850 | 2023 | +1.39% | +1.54% | View data |
