In 2023, Colombia led the Global Recreation and Culture CPI with a significant value increase of 3.75%, followed closely by Austria with a 3.32% rise. Spain and South Africa also saw noteworthy increases, standing at 1.23% and 1.94% respectively. Switzerland and Greece experienced marginal growth rates under 0.5%. Costa Rica's CPI is below 11.943, highlighting some stability. Over the last five years, the average annual variations reflected moderate growth, underlining a consistent upward trend in the recreation and culture sectors.
Looking towards the future, emerging market dynamics and shifting consumer preferences, coupled with technological advancements, are pivotal. Digital transformation, geopolitical shifts, and sustainability will likely shape the recreation and culture sectors, influencing CPI globally. Observing these trends will be crucial for anticipating market dynamics and business strategies.
Top countries in Recreation and Culture CPI by Country
| # | 7 Countries | Indexes | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Colombia | 119.43 | 2023 | +8.83% | +3.75% | View data |
| 2 | 2 Austria | 114.08 | 2023 | +7.32% | +3.32% | View data |
| 3 | 3 Spain | 107.28 | 2023 | +4.36% | +1.23% | View data |
| 4 | 4 Switzerland | 106 | 2023 | +3% | +0.19% | View data |
| 5 | 5 South Africa | 105.21 | 2023 | +3.51% | +1.94% | View data |
| 6 | 6 Greece | 104.17 | 2023 | +3.22% | +0.26% | View data |
| 7 | 7 Costa Rica | 101.03 | 2021 | +2.58% | +1.86% | View data |
