In 2023, the European production value of Business and Other Management Consultancy Activities showed significant disparities across countries. The United Kingdom led with a value of €79.85 billion, followed by France (€35.5 billion) and Germany (€32.25 billion). Smaller markets like Iceland (€0.082 billion) and Macedonia (€0.0356 billion) represented the lower spectrum. Key trends highlighted over the last two years indicated robust growth in Belgium (6.32%), Spain (4.69%), and Slovakia (4.71%), while Sweden (-1.11%) and Iceland (-7.06%) saw declines. Notable improvements were seen in Bulgaria (17.99%), Luxembourg (8.19%), and Bosnia and Herzegovina (8.85%).
Future trends to watch include the potential for sustained growth in emerging consultancy markets in Eastern and Southern Europe, while established markets like the UK, France, and Germany may see moderated growth. Digital transformation and a growing demand for innovative management strategies will be key drivers across the continent, with particular focus on technological integration and sustainable business practices as pivotal areas for consultancy expansion.
Top countries in Production Value of Business and Other Management Consultancy Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 79,850 | 2023 | +1.52% | +2.01% | View data |
| 2 | 2 France | 35,500 | 2023 | +2.34% | +4.44% | View data |
| 3 | 3 Germany | 32,250 | 2023 | +3.46% | +1.48% | View data |
| 4 | 4 Netherlands | 20,260 | 2023 | +2.29% | +2.55% | View data |
| 5 | 5 Italy | 18,130 | 2023 | +1.58% | +2.4% | View data |
| 6 | 6 Belgium | 16,310 | 2023 | +4.72% | +6.32% | View data |
| 7 | 7 Poland | 9,080 | 2023 | +4.4% | +2.82% | View data |
| 8 | 8 Sweden | 9,080 | 2023 | +0.061% | -1.11% | View data |
| 9 | 9 Spain | 8,730 | 2023 | +4.17% | +4.69% | View data |
| 10 | 10 Denmark | 4,160 | 2023 | +3.61% | +3.91% | View data |
