The European Recreation and Culture Nominal Expenditure landscape reveals notable variances by country. In 2023, the United Kingdom led with the highest share, followed closely by Germany and France. Notably, Italy and Spain saw contractions in their shares, contrasting with the growth observed in Sweden, the Czech Republic, and Romania. Smaller economies such as Bulgaria and Serbia exhibited significant growth, marked by a year-on-year increase exceeding 7% and 8% respectively.
Future trends to watch include:
- The impact of economic recovery and consumer confidence on discretionary spending in recreation and culture.
- Potential shifts in expenditure due to evolving cultural trends and technological advancements.
- Monitoring potential disparities in growth between western and eastern European countries, driven by economic policies and population dynamics.
Top countries in Recreation and Culture Nominal Expenditure Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 22.09 | 2023 | +7.62% | +1.53% | View data |
| 2 | 2 Germany | 20.14 | 2023 | +0.92% | +0.92% | View data |
| 3 | 3 France | 13.14 | 2023 | -0.76% | +1.26% | View data |
| 4 | 4 Italy | 7.24 | 2023 | -6.72% | -1.24% | View data |
| 5 | 5 Spain | 5.84 | 2023 | +0.61% | -0.97% | View data |
| 6 | 6 Netherlands | 4.26 | 2023 | +1.75% | +1.81% | View data |
| 7 | 7 Sweden | 3.14 | 2023 | +1.14% | +3.73% | View data |
| 8 | 8 Poland | 2.56 | 2023 | -1.77% | -0.95% | View data |
| 9 | 9 Switzerland | 2.4 | 2023 | +0.82% | +0.59% | View data |
| 10 | 10 Belgium | 2.14 | 2023 | -4.92% | +0.73% | View data |
