The European Food and Non-Alcoholic Beverages Nominal Expenditure as a percentage of GDP shows significant variation across countries. High expenditures are evident in Kosovo and Albania, while countries like Ireland, Luxembourg, and Norway show remarkably lower expenditures. The past year showed moderate growth in countries such as the United Kingdom, with a 6.46% increase, and Spain at 3.01%. Contrarily, Ireland experienced a significant decline. Over the last five years, the expenditures have shown varying trends, although the general pattern leans toward moderate or stagnant growth for several countries.
Future trends to watch include the impact of economic recovery post-pandemic, shifts in consumer behavior towards healthier and sustainable options, and influence of inflationary pressures. Emerging technologies and supply chain digitalization could further transform expenditure patterns, with potential disruptions or efficiencies affecting future GDP allocations for these sectors.
Top countries in Food and Non-Alcoholic Beverages Nominal Expenditure by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kosovo | 35.8 | 2023 | +7.83% | +0.34% | View data |
| 2 | 2 Albania | 33 | 2023 | +3.45% | +1.06% | View data |
| 3 | 3 Montenegro | 23.8 | 2023 | -3.64% | +0.51% | View data |
| 4 | 4 Bosnia and Herzegovina | 21.6 | 2023 | -1.82% | -0.81% | View data |
| 5 | 5 Macedonia | 20.9 | 2023 | -2.34% | +0.58% | View data |
| 6 | 6 Romania | 15.8 | 2023 | +1.28% | -0.13% | View data |
| 7 | 7 Serbia | 15.2 | 2023 | -2.56% | -1.63% | View data |
| 8 | 8 Croatia | 13.8 | 2023 | -0.72% | +1.05% | View data |
| 9 | 9 Greece | 13.2 | 2023 | +0.76% | +1.92% | View data |
| 10 | 10 Slovakia | 12.1 | 2023 | +2.54% | +4.52% | View data |
