The 2023 data shows Italy as the leading country in central government expenditures on recreation, culture, and religion, with a significant year-on-year increase of 3.45%. Poland and Slovakia also demonstrated substantial growth, with 6.36% and 6.51%, respectively. Notably, Greece and Colombia experienced a decline in spending. In contrast, the US, Germany, and France had moderate increases. Cumulative growth over five years points to a sostenuto trend, albeit varying per country.
Future trends to watch include potential shifts influenced by economic conditions, cultural events (e.g., Olympics), and government priorities impacting budget allocations. Furthermore, digital cultural transformation may reshape expenditure patterns significantly.
Top countries in Central Government Expenditures on Recreation, Culture and Religion by Country
# | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 16,840 | 2023 | +2.92% | +3.45% | View data |
2 | 2 France | 13,610 | 2023 | +1.23% | +1.4% | View data |
3 | 3 United Kingdom | 12,790 | 2023 | +0.26% | +0.33% | View data |
4 | 4 Hungary | 9,750 | 2023 | +4.05% | +3.75% | View data |
5 | 5 United States | 5,970 | 2023 | +0.92% | +1.17% | View data |
6 | 6 Poland | 5,390 | 2023 | +3.21% | +6.36% | View data |
7 | 7 Germany | 5,380 | 2023 | +2.97% | +2.24% | View data |
8 | 8 Netherlands | 4,300 | 2023 | +1.85% | +2.14% | View data |
9 | 9 Israel | 4,210 | 2023 | +2.99% | +3.55% | View data |
10 | 10 Spain | 3,670 | 2023 | -0.02% | +0.66% | View data |