France leads in Gross Value Added (GVA) for European Sports Activities, Amusement, and Recreation with 16.05 billion euros in 2024, reflecting a 2.32% year-on-year growth. Spain follows at 13.86 billion euros, indicating a 2.48% increase. The Netherlands, at 2.49 billion euros, experienced a -3.2% decline. Austria and Finland, with 1.63 and 1.49 billion euros respectively, showed modest growth of 0.5% and 2.21%. Belgium’s GVA rose by 1.72% to 1.33 billion euros. Ireland saw a 1.81% increase to 1.04 billion euros. Smaller economies like Malta, Latvia, and Lithuania demonstrated significant growth, especially Lithuania with an 8.36% rise. However, Greece and Slovakia faced decreases, with GVA reducing by -1.41% and -6.79%, respectively.
Future trends to watch for European Sports Activities, Amusement, and Recreation include digital transformation driving growth in virtual and e-sports, the recovery of physical events post-pandemic boosting GVA particularly in tourism-dependent countries, and regulations impacting sector investments and operations. Economies like Lithuania and Luxembourg are expected to continue their growth trajectory, while traditional markets such as the Netherlands may face ongoing challenges.
Top countries in Sports Activities, Amusement and Recreation Activities Gross Value Added by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16,050 | 2023 | +6.66% | +2.32% | View data |
| 2 | 2 Spain | 13,860 | 2023 | +11.74% | +2.48% | View data |
| 3 | 3 Netherlands | 2,490 | 2023 | -2.51% | -3.2% | View data |
| 4 | 4 Austria | 1,630 | 2023 | -5.02% | +0.5% | View data |
| 5 | 5 Finland | 1,490 | 2023 | +0.4% | +2.21% | View data |
| 6 | 6 Belgium | 1,330 | 2023 | +8.92% | +1.72% | View data |
| 7 | 7 Ireland | 1,040 | 2023 | +10.04% | +1.81% | View data |
| 8 | 8 Greece | 372.87 | 2023 | +0.98% | -1.41% | View data |
| 9 | 9 Croatia | 315.05 | 2023 | +8.44% | -0.71% | View data |
| 10 | 10 Slovakia | 189.28 | 2023 | +0.83% | -6.79% | View data |