The share of young high-growth enterprises (gazelles) in the management consultancy sector varies significantly across European countries in 2024. Hungary leads with a substantial 10.37%, followed by Romania at 6.66% and Slovakia at 6.16%. Portugal, the Czech Republic, Italy, Latvia, and Norway display lower shares, illustrating a smaller presence of gazelles. Over the previous years, actual data showed minor annual movements with differences among countries. The compounded annual growth rate (CAGR) remains nil across the observed countries, indicating stagnation in the overall trend.
Moving forward, focus on technological advancements and policy frameworks fostering entrepreneurship in management consultancy could drive an increase in the emergence of gazelles within Europe. Monitoring shifts in economic policies and investment patterns will be critical to understanding future dynamics in this sector.
Top countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Management Consultancy Services by Country
| # | 8 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 10.37 | 2023 | View data |
| 2 | 2 Romania | 6.66 | 2023 | View data |
| 3 | 3 Slovakia | 6.16 | 2023 | View data |
| 4 | 4 Portugal | 3 | 2023 | View data |
| 5 | 5 Czech Republic | 1.45 | 2023 | View data |
| 6 | 6 Italy | 1.37 | 2023 | View data |
| 7 | 7 Latvia | 0.49 | 2023 | View data |
| 8 | 8 Norway | 0.02 | 2023 | View data |