The European ICT Production Index reveals a highly diverse landscape. Lithuania leads with a remarkable index of 26.86, indicating strong growth. Hungary (20.52) and Romania (19.74) also show robust performance. Other countries such as Bulgaria, France, and Sweden follow, showcasing moderate advances. Countries like Germany and Slovenia trail, suggesting a need for strategic improvements.
Year-on-year variations from 2022 show Lithuania experienced the highest growth at 18.85%, while Latvia (3.73%) grew the least among the listed nations. Over the past five years, the compound annual growth rates highlight a steady increase, suggesting a consistent upward trend in most countries.
Future trends to watch include:
- The impact of increasing digitalization efforts in driving ICT production growth.
- Potential challenges from geopolitical tensions affecting supply chains.
- Opportunities arising from sustainability and green tech initiatives.
- Varying government policies influencing nation-specific ICT development.
Top countries in ICT Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 268.6 | 2022 | +13.86% | +18.85% | View data |
| 2 | 2 Hungary | 205.2 | 2022 | +10.92% | +10.56% | View data |
| 3 | 3 Romania | 197.4 | 2022 | +23.07% | +15.53% | View data |
| 4 | 4 Bulgaria | 189.2 | 2022 | +1.45% | +8.43% | View data |
| 5 | 5 France | 150.1 | 2022 | +9.96% | +6.39% | View data |
| 6 | 6 Sweden | 147.5 | 2022 | +13.29% | +7.57% | View data |
| 7 | 7 Slovakia | 142.4 | 2022 | +11.95% | +6.99% | View data |
| 8 | 8 Latvia | 141.4 | 2022 | +13.12% | +3.73% | View data |
| 9 | 9 Finland | 135.7 | 2022 | +8.13% | +5.12% | View data |
| 10 | 10 Czech Republic | 133.8 | 2022 | +3.4% | +4.22% | View data |