The 2023 data shows Kosovo leading with the highest nominal expenditure as a percentage of GDP on alcoholic beverages, tobacco, and narcotics in Europe. Countries like Serbia, Croatia, and Montenegro also rank high, while Western European nations like Ireland, Netherlands, and Sweden reflect lower percentages. Trend analysis over the past years indicates fluctuations: Montenegro, Croatia, and Slovenia are on the rise, while Estonia and Bosnia and Herzegovina are declining. Notably, Ireland saw a significant decrease.
Future trends to watch:
- Shifts in consumer behavior towards healthier lifestyles could affect future consumption.
- Political changes and regulatory policies tightening on tobacco and alcohol in various regions.
- Potential economic impacts of these sectors influenced by environmental sustainability efforts.
Top countries in Alcoholic Beverages, Tobacco and Narcotics Nominal Expenditure by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kosovo | 11.9 | 2023 | +19% | +3.33% | View data |
| 2 | 2 Serbia | 5.8 | 2023 | +3.57% | +1.07% | View data |
| 3 | 3 Bosnia and Herzegovina | 5.7 | 2023 | -1.72% | -1.67% | View data |
| 4 | 4 Croatia | 5.7 | 2023 | +1.79% | +3.93% | View data |
| 5 | 5 Montenegro | 5.2 | 2023 | -8.77% | +4.36% | View data |
| 6 | 6 Latvia | 4.7 | 2023 | 0% | +0.87% | View data |
| 7 | 7 Romania | 4 | 2023 | -2.44% | +4.56% | View data |
| 8 | 8 Czech Republic | 3.9 | 2023 | 0% | +0.52% | View data |
| 9 | 9 Hungary | 3.8 | 2023 | 0% | +1.09% | View data |
| 10 | 10 Poland | 3.7 | 2023 | 0% | +0.55% | View data |
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