In 2023, the United Kingdom led European household expenditure on recreational and cultural services, with significant contributions from Germany and France. Key growths were seen in Sweden (7.04%), Serbia (18.67%), and Iceland (7.73%), while the Netherlands and Malta witnessed declines. Over the past five years, the compound annual growth rate (CAGR) has been moderate, reflecting a diversified regional expenditure trend.
Looking forward, anticipated trends include increasing digitization of cultural services, greater accessibility due to technology, and shifts in consumer preferences towards sustainable and experiential services. These factors are poised to influence household spending patterns across Europe in 2024 and beyond.
Top countries in Household Expenditure on Recreational and Cultural Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 21.47 | 2023 | +1.59% | +2.4% | View data |
| 2 | 2 Germany | 16.22 | 2023 | +1.26% | -0.61% | View data |
| 3 | 3 France | 11.71 | 2023 | -13.12% | +0.57% | View data |
| 4 | 4 Italy | 9.99 | 2023 | -8.47% | +0.039% | View data |
| 5 | 5 Spain | 8.82 | 2023 | -19.85% | -0.011% | View data |
| 6 | 6 Sweden | 4.22 | 2023 | +4.01% | +7.04% | View data |
| 7 | 7 Netherlands | 3.22 | 2023 | -18.05% | -2.31% | View data |
| 8 | 8 Poland | 2.94 | 2023 | +2.15% | +1.21% | View data |
| 9 | 9 Austria | 2.57 | 2023 | -8.56% | -0.77% | View data |
| 10 | 10 Norway | 2.45 | 2023 | +7.65% | +2.39% | View data |
