European Household Expenditure on Recreation and Culture showcased considerable variation by country in the assessments for 2023 and forecasted data for 2024. High expenditure in Iceland (4.26 thousand euros per capita), Norway (3.57), and Denmark (3.19) demonstrated robust cultural engagement, while Southeast European countries like Serbia (0.411) and Montenegro (0.302) showed more modest spending levels.
Over the past year, several nations exhibited notable spending increases, including Croatia (8.37%), Bulgaria (8.3%), and Estonia (7.61%), whereas others like Portugal (-1.31%) and Albania (-1.9%) saw declines. CAGR analysis over the last five years will highlight sustained trends contributing to these variations, providing deeper insights into regional preferences and economic influences.
Future trends to monitor include technological integration within recreational activities, economic recovery impacts post-pandemic, and demographic shifts influencing spending patterns. These factors are likely to transform the landscape of household expenditure in Europe for recreation and culture in the coming years, stressing the need for agile response strategies among stakeholders.
Top countries in Household Expenditure on Recreation and Culture by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 4,260 | 2023 | +1.82% | +1.76% | View data |
| 2 | 2 Norway | 3,570 | 2023 | +1.42% | +2.21% | View data |
| 3 | 3 Denmark | 3,190 | 2023 | +1.92% | +2.42% | View data |
| 4 | 4 United Kingdom | 2,700 | 2023 | +1.31% | +1.8% | View data |
| 5 | 5 Sweden | 2,660 | 2023 | +1.56% | +3.32% | View data |
| 6 | 6 Switzerland | 2,610 | 2023 | +3.45% | +0.75% | View data |
| 7 | 7 Luxembourg | 2,420 | 2023 | -5.22% | +1.35% | View data |
| 8 | 8 Austria | 2,330 | 2023 | -5.75% | +0.59% | View data |
| 9 | 9 Netherlands | 2,220 | 2023 | +1.23% | +2.71% | View data |
| 10 | 10 Finland | 2,220 | 2023 | +1.1% | +0.22% | View data |
