The highest net operating surplus in arts, entertainment, and recreation in Europe for 2023 was in Germany, at 28.99 million euros, followed by Italy and Spain with 18.05 and 17.99 million euros respectively. France and the Netherlands also showed significant values, contributing 7.73 and 7.53 million euros. While countries like Austria, Greece, and Slovakia had modest figures, some smaller economies like Estonia, Luxembourg, and Slovenia reported minimal surpluses, all below 1 million euros.
Year-on-year growth was most prominent in France, growing by 11.94%, while Italy and Greece also experienced notable increases, at 3.18% and 3.68% respectively. Germany saw a slight increase of 0.79%, with no change in Spain.
Looking ahead, the European net operating surplus in these creative sectors is expected to grow moderately. Future trends to observe include technological advancements enhancing entertainment delivery, increased digitalization potentially boosting revenue, and economic policies impacting cultural funding across countries.
Top countries in Net Operating Surplus in Arts, Entertainment and Recreation Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.99 | 2023 | +0.99% | +0.79% | View data |
| 2 | 2 Italy | 18.05 | 2023 | +1.99% | +3.18% | View data |
| 3 | 3 Spain | 17.99 | 2023 | +2.47% | View data | |
| 4 | 4 France | 7.73 | 2023 | +3.88% | +11.94% | View data |
| 5 | 5 Netherlands | 7.53 | 2023 | +1.3% | +1.68% | View data |
| 6 | 6 Austria | 4.37 | 2023 | +1.71% | +2% | View data |
| 7 | 7 Greece | 4.08 | 2023 | +2.97% | +3.68% | View data |
| 8 | 8 Slovakia | 3.17 | 2023 | +1.73% | +1.4% | View data |
| 9 | 9 Belgium | 2.95 | 2023 | +3.52% | +5.52% | View data |
| 10 | 10 Ireland | 2.81 | 2023 | +1.77% | +1.99% | View data |