In 2023, Hungary leads with 85.57% of its active enterprises in the retail sector not in stores, stalls, or markets classified as high-growth enterprises. Iceland follows with 64.34%, while Slovakia, Czech Republic, and Lithuania hover around 40%. Other countries like Italy and Portugal show significantly lower figures around 20%, with Latvia at the bottom with just 6.92%.
Future trends to watch:
- Expect continued digitalization and e-commerce growth to drive the expansion of high-growth enterprises in this sector across Europe.
- Innovations in logistics and supply chain solutions are likely to bolster this trend.
- Watch for policy changes and regional initiatives that could either catalyze or hinder growth in specific countries.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Retail Not in Stores, Stalls or Markets by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 85.57 | 2023 | View data |
| 2 | 2 Iceland | 64.34 | 2023 | View data |
| 3 | 3 Slovakia | 40.11 | 2023 | View data |
| 4 | 4 Czech Republic | 38.32 | 2023 | View data |
| 5 | 5 Lithuania | 37.69 | 2023 | View data |
| 6 | 6 Italy | 20.78 | 2023 | View data |
| 7 | 7 Portugal | 20.61 | 2023 | View data |
| 8 | 8 Norway | 15.72 | 2023 | View data |
| 9 | 9 Romania | 14.84 | 2023 | View data |
| 10 | 10 Latvia | 6.92 | 2023 | View data |