In 2024, Hungary leads with an impressive 98.46% share of high-growth enterprises in accommodation and food services among active enterprises. Lithuania follows with 51.65%, showcasing significant entrepreneurial vigor. The Czech Republic and Slovakia exhibit moderate shares at 34.98% and 21.51%, respectively. Latvia, Romania, and Portugal continue to trail behind, indicating slower growth trends. Italy and Norway report minimal contributions, suggesting challenges in fostering high-growth enterprises within the sector. These values have remained relatively stable over the past two years, with no significant variations.
Future trends to watch include potential growth within emerging markets like Latvia and Romania, driven by economic reforms and investments. Additionally, changing consumer behaviors and technological advancements could present new opportunities for high-growth enterprises across Europe, especially in countries with currently lower shares like Portugal and Italy.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Accommodation and Food Services by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 98.46 | 2023 | View data |
| 2 | 2 Lithuania | 51.65 | 2023 | View data |
| 3 | 3 Czech Republic | 34.98 | 2023 | View data |
| 4 | 4 Slovakia | 21.51 | 2023 | View data |
| 5 | 5 Latvia | 17.82 | 2023 | View data |
| 6 | 6 Romania | 14.42 | 2023 | View data |
| 7 | 7 Portugal | 12.56 | 2023 | View data |
| 8 | 8 Italy | 10.04 | 2023 | View data |
| 9 | 9 Norway | 3.86 | 2023 | View data |
