In 2023, the European Output of Accommodation and Food Services is led by France at 142.24 billion euros, followed by Germany at 116.32 billion euros, and Greece at 24.32 billion euros. Belgium, with a value of 22.03 billion euros, and other countries such as Croatia, Cyprus, Slovakia, Slovenia, Luxembourg, Lithuania, and Estonia, contribute smaller portions. Year-on-year variations indicate Lithuania experienced the highest growth at 9.32%, while France also showed notable growth at 4.38%.
Looking ahead, we anticipate continued growth, especially in countries with emerging tourism sectors. Economic stability, travel trends, and policy developments will be critical factors shaping future outputs in the accommodation and food services industry across Europe.
Top countries in Output of Accommodation and Food Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 142,240 | 2023 | +12.37% | +4.38% | View data |
| 2 | 2 Germany | 116,320 | 2023 | +10.61% | +3.17% | View data |
| 3 | 3 Greece | 24,320 | 2023 | +1.26% | +2.09% | View data |
| 4 | 4 Belgium | 22,030 | 2023 | +11.04% | +2.94% | View data |
| 5 | 5 Croatia | 6,010 | 2023 | +15.84% | +3.76% | View data |
| 6 | 6 Cyprus | 2,980 | 2023 | +14.08% | +2.36% | View data |
| 7 | 7 Slovakia | 2,630 | 2023 | +8.84% | +2.62% | View data |
| 8 | 8 Slovenia | 2,580 | 2023 | +14.67% | +4.28% | View data |
| 9 | 9 Luxembourg | 2,380 | 2023 | +11.53% | +4.12% | View data |
| 10 | 10 Lithuania | 1,980 | 2023 | +15.71% | +9.32% | View data |
