| Country | Value (Billion Euros) | YoY Variation (2023) |
|---|---|---|
| Germany | 219.14 | 3.4% |
| France | 217.48 | 2.79% |
| Netherlands | 89.49 | 2.93% |
| Belgium | 71.4 | 3.42% |
| Luxembourg | 31.13 | 13.98% |
| Austria | 21.03 | 3.37% |
| Portugal | 9.6 | 4.54% |
| Greece | 4.5 | -0.048% |
| Cyprus | 2.28 | 2.7% |
| Lithuania | 1.75 | 5.19% |
| Estonia | 1.15 | 5.81% |
The European output of legal, accounting, head offices, and management consultancy activities shows strong performance from Germany and France, together accounting for substantial market share. A notable rise in Luxembourg (13.98%) suggests dynamic growth. Southern and Eastern European nations like Portugal and Lithuania are emerging with steady increases, while Greece shows stagnation with a slight dip.
Watch for technological advancements and regulatory changes to drive further growth. Expanding markets in Eastern Europe will remain crucial, alongside robust performances from traditional powerhouses like Germany and France. Increasing demand for consultancy amid digital transformation will offer new opportunities for firms across Europe.
Top countries in Output of Legal, Accounting, Head Offices, Management Consultancy Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 219,140 | 2023 | +3.58% | +3.4% | View data |
| 2 | 2 France | 217,480 | 2023 | +2.9% | +2.79% | View data |
| 3 | 3 Netherlands | 89,490 | 2023 | +2.4% | +2.93% | View data |
| 4 | 4 Belgium | 71,400 | 2023 | +3.44% | +3.42% | View data |
| 5 | 5 Luxembourg | 31,130 | 2023 | +9.3% | +13.98% | View data |
| 6 | 6 Austria | 21,030 | 2023 | +2.93% | +3.37% | View data |
| 7 | 7 Portugal | 9,600 | 2023 | +2.84% | +4.54% | View data |
| 8 | 8 Greece | 4,500 | 2023 | -1.11% | -0.048% | View data |
| 9 | 9 Cyprus | 2,280 | 2023 | +3.06% | +2.7% | View data |
| 10 | 10 Lithuania | 1,750 | 2023 | +4.93% | +5.19% | View data |
