In 2023, Germany led the European Value Added in Public Administration and Defence, Compulsory Social Security with 228.33 billion euros, showing a year-on-year increase of 4.23%. The Netherlands and Austria followed, growing by 1.5% and 2.48%, respectively. While Greece experienced a decline of 1.21%, countries like Slovakia and Luxembourg saw significant growth at 5.58% and 7.44%. Lithuania and Slovenia also performed well, with growth rates of 8.03% and 7.95%, alongside Cyprus at 2.54%.
Future trends to watch include the impact of digital transformation initiatives, increasing defense spending, and pension reforms on public financial management. Continued investment in digital services and efficiency improvements are expected to enhance value added in this sector across Europe.
Top countries in Value Added of Public Administration and Defence, Compulsory Social Security by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 228,330 | 2023 | +3.65% | +4.23% | View data |
| 2 | 2 Netherlands | 52,110 | 2023 | +1.01% | +1.5% | View data |
| 3 | 3 Austria | 19,730 | 2023 | +2.04% | +2.48% | View data |
| 4 | 4 Greece | 15,090 | 2023 | -1.21% | -1.21% | View data |
| 5 | 5 Slovakia | 7,320 | 2023 | +3.14% | +5.58% | View data |
| 6 | 6 Luxembourg | 4,680 | 2023 | +6.63% | +7.44% | View data |
| 7 | 7 Lithuania | 3,390 | 2023 | +6.65% | +8.03% | View data |
| 8 | 8 Slovenia | 3,320 | 2023 | +7.56% | +7.95% | View data |
| 9 | 9 Cyprus | 1,800 | 2023 | -1.16% | +2.54% | View data |
