In 2023, Croatia led with 6% of GDP spent on alcoholic drinks, tobacco, and narcotics. The region exhibited diverse trends, with Eastern European countries generally having higher expenditure. Romania showed notable growth, while Bosnia and Herzegovina saw the steepest decline. Western European countries like the UK, France, and Germany had consistently lower figures, hovering below 2% of GDP. Long-term trends reveal a gradual decrease in spending in many countries, hinting at possible market saturation or lifestyle changes.
Looking forward, anticipate further declines in household expenditure as health awareness rises, policies tighten, and alternatives such as nootropics and wellness products gain popularity. Countries may also align spending habits due to economic integration and cultural exchange within Europe.
Top countries in Household Expenditure on Alcoholic Drinks, Tobacco and Narcotics by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 6 | 2023 | +1.69% | +5.01% | View data |
| 2 | 2 Serbia | 5.3 | 2023 | +1.92% | -0.74% | View data |
| 3 | 3 Montenegro | 5.2 | 2023 | -3.7% | +4.36% | View data |
| 4 | 4 Bosnia and Herzegovina | 4.7 | 2023 | -7.84% | -5.39% | View data |
| 5 | 5 Latvia | 4.2 | 2023 | 0% | -1.8% | View data |
| 6 | 6 Romania | 4 | 2023 | 0% | +5.92% | View data |
| 7 | 7 Czech Republic | 3.6 | 2023 | 0% | -1.08% | View data |
| 8 | 8 Estonia | 3.6 | 2023 | +2.86% | -1.59% | View data |
| 9 | 9 Hungary | 3.5 | 2023 | 0% | -0.56% | View data |
| 10 | 10 Poland | 3.4 | 2023 | -2.86% | -1.14% | View data |
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