The European Housing, Water, Electricity, Gas and Other Fuels Nominal Expenditure data up to 2023 shows notable disparities across countries. Slovakia leads with the highest expenditure at 18.8% of GDP, while Luxembourg and Ireland have the lowest at 7%. Over the past year, Slovakia, Portugal, and Hungary showed strong increases, whereas Norway, Denmark, and Ireland experienced significant declines. The five-year CAGR indicates an average yearly increase in several countries, while others see a decline, notably in Bulgaria and Norway.
Future trends to watch include potential policy shifts towards renewable energy, affecting expenditure patterns across Europe. Additionally, economic factors like inflation and energy prices will play crucial roles in future expenditure changes.
Top countries in Housing, Water, Electricity, Gas and Other Fuels Nominal Expenditure by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 18.8 | 2023 | -0.53% | +3.67% | View data |
| 2 | 2 United Kingdom | 17 | 2023 | 0% | +1.22% | View data |
| 3 | 3 Macedonia | 15.7 | 2023 | -1.26% | +1.32% | View data |
| 4 | 4 Greece | 15.2 | 2023 | 0% | +0.53% | View data |
| 5 | 5 France | 15.1 | 2023 | 0% | +0.95% | View data |
| 6 | 6 Finland | 14.9 | 2023 | 0% | +0.55% | View data |
| 7 | 7 Italy | 14.8 | 2023 | +0.68% | +1.56% | View data |
| 8 | 8 Spain | 13.8 | 2023 | 0% | +0.89% | View data |
| 9 | 9 Portugal | 13.3 | 2023 | +1.53% | +2.08% | View data |
| 10 | 10 Iceland | 13.3 | 2023 | +0.76% | +1.74% | View data |
