In 2023, the United States led with government expenditures on recreation, culture, and religion, reaching $62.22 billion PPP, marking a 1.81% increase from the previous year. Germany and France followed with $52.38 billion and $49.88 billion, showing 1.6% and 2.62% growth respectively. Poland experienced the highest increase at 3.44%, while the UK was the only major drop at -0.55%. Hungary, Romania, and Slovakia also saw significant growth at over 4%. Smaller economies like Lithuania and Estonia posted robust growth as well. Notably, spending varied significantly in smaller nations, with Latvia and Iceland showing minimal growth based on percentage change.
Future trends to watch include:
- Increasing importance of digital cultural preservation, impacting public investments in many countries.
- Potential rise in expenditures driven by increasing cultural diversity and globalization, particularly in growing economies.
- Economic factors and public policy may further influence the private-public funding dynamics in cultural and religious expenditures.
- Ongoing technological innovations may shift spending priorities towards digital transformation in recreational amenities.
Top countries in General Government Expenditures on Recreation, Culture and Religion by Country
# | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 62,220 | 2023 | +1.53% | +1.81% | View data |
2 | 2 Germany | 52,380 | 2023 | +1.85% | +1.6% | View data |
3 | 3 France | 49,880 | 2023 | +1.72% | +2.62% | View data |
4 | 4 South Korea | 23,610 | 2023 | +2.9% | +2.43% | View data |
5 | 5 Spain | 22,530 | 2023 | +0.52% | +1.02% | View data |
6 | 6 Japan | 22,070 | 2023 | +1.49% | +1.45% | View data |
7 | 7 Poland | 19,200 | 2023 | +3.07% | +3.44% | View data |
8 | 8 United Kingdom | 18,490 | 2023 | -0.46% | -0.55% | View data |
9 | 9 Australia | 13,840 | 2023 | +2.05% | +2.1% | View data |
10 | 10 Netherlands | 12,630 | 2023 | +1.08% | +1.08% | View data |