Forecast: Recreation and Culture Nominal Expenditure Per Capita in Italy

The nominal expenditure per capita on recreation and culture in Italy is forecasted to see modest growth from 1.36 thousand euros in 2024 to 1.42 thousand euros in 2028. In 2023, the expenditure stood at 1.34 thousand euros. The year-on-year growth is gradual, indicating stable consumer spending in this sector. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be around 1.09%, showing a consistent, albeit slow growth trend in recreational and cultural expenditures.

Future trends to watch include shifts in consumer preferences driven by technological advancements and demographic changes, such as increased digital consumption and aging populations, which could influence spending patterns in culture and recreation sectors.