The analysis of the European number of high-growth enterprises in financial service activities shows that Italy leads with 254 enterprises. The Czech Republic follows with 59, while Hungary has experienced a decrease to 38. Notable growth is observed in Romania with a 16.59% increase, and Portugal with an 8.1% rise in 2023. Conversely, Iceland faces a significant decline of 19.73%, while Latvia and Slovakia also see decreases. Italy maintains a modest growth of 2.0%, highlighting stable dynamics amid varying trends across the region.
Future trends to monitor include:
- Continued growth potential in Portugal and Romania reflecting robust market dynamics.
- Potential recovery strategies in Hungary, Latvia, and Slovakia to reverse declining patterns.
- Overall digital transformation impact on high-growth sectors in Europe.
Top countries in Number of High Growth Enterprises in Financial Service Activities (Except Insurance and Pension Funding) by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 254 | 2023 | -2.31% | +2% | View data |
| 2 | 2 Czech Republic | 59 | 2023 | +3.51% | +8.08% | View data |
| 3 | 3 Hungary | 38 | 2023 | 0% | -6.08% | View data |
| 4 | 4 Portugal | 31 | 2023 | +6.9% | +8.1% | View data |
| 5 | 5 Romania | 28 | 2023 | +27.27% | +16.59% | View data |
| 6 | 6 Lithuania | 19 | 2023 | +18.75% | +6.3% | View data |
| 7 | 7 Latvia | 8 | 2023 | 0% | -6.17% | View data |
| 8 | 8 Slovakia | 8 | 2023 | 0% | -2.33% | View data |
| 9 | 9 Iceland | 1 | 2023 | -50% | -19.73% | View data |
