In 2023, France led the European sports and recreation sector with a Gross Value Added (GVA) of €40.75 million, followed by Spain at €35.18 million. While countries like France and Spain showed modest growth with increases of 2.32% and 2.48% respectively, the Netherlands experienced a significant decline of 3.2%. Conversely, Lithuania and Luxembourg exhibited improvements with GVA growths of 8.36% and 5.15%, respectively. Smaller economies like Slovakia saw steep declines of 6.79%.
Future trends to watch include increased digital engagement, innovation in eSports, and the growing impact of sustainability on recreation infrastructure. These could drive shifts in GVA distribution, with potential growth in countries investing heavily in these areas.
Top countries in Sports Activities, Amusement and Recreation Activities Gross Value Added Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 40.75 | 2023 | +6.66% | +2.32% | View data |
| 2 | 2 Spain | 35.18 | 2023 | +11.74% | +2.48% | View data |
| 3 | 3 Netherlands | 6.31 | 2023 | -2.51% | -3.2% | View data |
| 4 | 4 Austria | 4.13 | 2023 | -5.02% | +0.5% | View data |
| 5 | 5 Finland | 3.78 | 2023 | +0.4% | +2.21% | View data |
| 6 | 6 Belgium | 3.39 | 2023 | +8.92% | +1.72% | View data |
| 7 | 7 Ireland | 2.63 | 2023 | +10.04% | +1.81% | View data |
| 8 | 8 Greece | 0.95 | 2023 | +0.98% | -1.41% | View data |
| 9 | 9 Croatia | 0.8 | 2023 | +8.44% | -0.71% | View data |
| 10 | 10 Slovakia | 0.48 | 2023 | +0.83% | -6.79% | View data |
