The analysis reveals that Hungary led global general government procurement in recreation, culture, and religion in 2023, showcasing a 1.5% year-on-year increase. Notable countries with high procurement values include Iceland and Estonia, with Iceland exhibiting minimal growth and Estonia demonstrating a 1.35% rise. Meanwhile, countries like Latvia and Italy experienced significant upward trends of 4.03% and 1.12% respectively. Some nations, such as Luxembourg and Germany, endured declines in their expenditures. Prospectively, future procurement trends suggest potential growth in countries with positive recent trajectories, and adjustments in policy might drive changes in allocations across regions.
Top countries in General Government Procurement on Recreation, Culture and Religion by Country
| # | 10 Countries | Percent of General Government Procurement | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 9.34 | 2023 | +1.41% | +1.5% | View data |
| 2 | 2 Iceland | 8.59 | 2023 | -0.35% | +0.023% | View data |
| 3 | 3 Estonia | 6.79 | 2023 | +0.3% | +1.35% | View data |
| 4 | 4 Spain | 6.19 | 2023 | +0.49% | +0.26% | View data |
| 5 | 5 Luxembourg | 6.12 | 2023 | +0.66% | -0.32% | View data |
| 6 | 6 Latvia | 6.08 | 2023 | +2.88% | +4.03% | View data |
| 7 | 7 Poland | 6.07 | 2023 | +0.5% | -0.77% | View data |
| 8 | 8 Lithuania | 5.84 | 2023 | -0.85% | -1.25% | View data |
| 9 | 9 Czech Republic | 5.48 | 2023 | +0.18% | -0.85% | View data |
| 10 | 10 Israel | 5.36 | 2023 | +0.94% | +0.65% | View data |
