European Production Volumes of ICT and Information Services Share by Country (Million Euros)

In 2024, Germany leads the European production volumes of ICT and information services with €37.21 million, followed by France (€23.33 million) and Italy (€12.74 million). The Netherlands and Belgium also have significant shares, with €10.69 million and €4.66 million respectively. Luxembourg, despite its smaller size, has a notable value of €4.59 million. Other countries like Austria, Finland, Greece, Estonia, and Slovenia contribute smaller shares.

The year-on-year variation from 2023 shows Germany growing by 4.11%, France by 3.58%, and Italy by 1.23%. Noteworthy increases include Luxembourg at 4.72% and Estonia at 4.16%, signaling dynamic growth in these smaller markets. The Netherlands increased by 3.43%, with Austria and Finland experiencing moderate growth of 2.72% and 2.63% respectively. Greece grew by 3.34% and Slovenia by 2.92%, indicating a stable upward trend across most of Europe.

Future trends to watch include continual growth in Germany and France, with smaller countries like Luxembourg and Estonia expected to maintain robust increases. Watch for potential accelerations in digital innovation and technology sectors, which may spur higher production volumes across Europe.

Top countries in Production Volumes of ICT and Information Services Share by Country (Million Euros)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 Germany 37.21 2023 +3.41% +4.11% View data
2 2 France 23.33 2023 +2.79% +3.58% View data
3 3 Italy 12.74 2023 +1.39% +1.23% View data
4 4 Netherlands 10.69 2023 +3.4% +3.43% View data
5 5 Belgium 4.66 2023 +3.17% +4.06% View data
6 6 Luxembourg 4.59 2023 +4.97% +4.72% View data
7 7 Austria 2.93 2023 +2.53% +2.72% View data
8 8 Finland 2.63 2023 +2.94% +2.63% View data
9 9 Greece 0.53 2023 +2.75% +3.34% View data
10 10 Estonia 0.35 2023 +4.31% +4.16% View data

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