In 2023, Italy led with 137 high growth enterprises in head office services, showing a modest increase of 2.18%. Hungary exhibited the highest growth rate of 16.72%, totaling 39 enterprises. Czech Republic, with 22 enterprises, and Iceland, Latvia, and Romania, all with minimal enterprise presence, showed no growth from the previous year. Portugal and Lithuania saw growths of 2.71% and 7.63%, respectively.
Future trends to watch for include:
- Potential increase in enterprise numbers in emerging markets like Hungary and Lithuania due to favorable business environments and economic policies.
- The impact of economic factors such as inflation and political changes on enterprise growth across these countries.
- Technological advancements and digital transformation driving expansion in head office services enterprises throughout Europe.
Top countries in Number of High Growth Enterprises in Head Offices Services by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 137 | 2023 | +3.01% | +2.18% | View data |
| 2 | 2 Hungary | 39 | 2023 | +18.18% | +16.72% | View data |
| 3 | 3 Czech Republic | 22 | 2023 | 0% | 0% | View data |
| 4 | 4 Portugal | 16 | 2023 | +6.67% | +2.71% | View data |
| 5 | 5 Lithuania | 13 | 2023 | +8.33% | +7.63% | View data |
| 6 | 6 Iceland | 2 | 2023 | +100% | 0% | View data |
| 7 | 7 Latvia | 1 | 2023 | -50% | 0% | View data |
| 8 | 8 Romania | 1 | 2023 | 0% | 0% | View data |
