Consumer services nominal expenditure in Poland saw significant fluctuations from 2013 to 2023. Starting at 102.42 thousand euros in 2013, it grew steadily but saw declines in years like 2016 and 2020, the latter likely due to the pandemic. Notably, the expenditure peaked at 154.86 thousand euros in 2022. By 2023, it declined slightly to 147.82 thousand euros, representing a -4.55% year-on-year decrease. The 5-year CAGR up to 2023 is 3.18%, indicating moderate growth over this period.
From 2024 onward, forecast data indicates a stable upswing, with expending expected to reach 167.69 thousand euros by 2028. The forecasted 5-year CAGR of 2% suggests consistent but modest growth.
Future trends to watch for:
- Impact of inflation and economic stability on consumer spending.
- Shifts in demand for digital and online services post-pandemic.
- Government policies aimed at strengthening consumer services sectors.
- Technological innovations and their adoption rates among consumers.