As of 2023, Serbia leads in the Global Recreation and Culture HICP with a value of 13.8, driven by significant increases in previous years. Estonia and Norway also show notable figures above 12. In contrast, Greece has a lower value and even experienced deflationary trends. Year-on-year changes highlight strong growth in Serbia and Estonia with over 4%, while other countries like Greece displayed negative growth. In the past five years, Serbia, Estonia, and Lithuania exhibited the highest CAGR, indicating rapid growth in the cost of living pertaining to recreation and culture.
Future trends suggest monitoring volatility in European countries, particularly those experiencing significant year-on-year increases. Potential economic shifts or policy changes in Serbia, Estonia, and Norway could influence the recreation and culture sectors. Additionally, potential impacts of global economic developments may affect HICP values worldwide. Keeping an eye on inflationary pressures and monetary policies in different regions will be crucial for understanding future cost movements in recreation and culture.
Top countries in Recreation and Culture HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 138 | 2022 | +6.73% | +4.34% | View data |
| 2 | 2 Estonia | 131.95 | 2022 | +10.71% | +5.29% | View data |
| 3 | 3 Norway | 125.2 | 2022 | +4.07% | +3.17% | View data |
| 4 | 4 Lithuania | 124.18 | 2022 | +10.07% | +3.61% | View data |
| 5 | 5 Czech Republic | 122.6 | 2022 | +11.66% | +3.67% | View data |
| 6 | 6 Hungary | 121.11 | 2022 | +10.3% | +3.24% | View data |
| 7 | 7 Slovakia | 119.69 | 2022 | +7.11% | +3.07% | View data |
| 8 | 8 Latvia | 119.2 | 2022 | +5.86% | +2.93% | View data |
| 9 | 9 Macedonia | 118.98 | 2022 | +4.88% | +0.94% | View data |
| 10 | 10 Poland | 118.8 | 2022 | +10.41% | +4.1% | View data |
