In 2023, Germany led European household expenditure on transport at €246.96 billion, showing a slight year-on-year increase of 1.08%. The UK followed with €223.94 billion, growing by 1.61%. France recorded €176.11 billion, with minimal change at 0.18%. Italy, Spain, and Cyprus showed declining trends at -1.3%, -0.088%, and -1.83% respectively. Among the notable risers, Poland grew by 2.83%, Sweden by 2.02%, and Norway by 2.47%. Romania displayed significant growth with a 4.01% increase. Substantial year-on-year growth was seen in smaller economies like Bulgaria (8.54%) and Lithuania (8.57%).
Noteworthy future trends to watch include the potential acceleration in countries with significant year-on-year growth such as Romania, Hungary, and Estonia. Conversely, economies like Italy, Spain, and Cyprus may continue to face declining trends unless policy changes or economic shifts occur. Moreover, the interplay between green transport initiatives and household expenditure will shape the landscape in the upcoming years.
Top countries in Household Expenditure on Transport by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 246,960 | 2023 | -2.75% | +1.08% | View data |
| 2 | 2 United Kingdom | 223,940 | 2023 | +1.37% | +1.61% | View data |
| 3 | 3 France | 176,110 | 2023 | -5.93% | +0.18% | View data |
| 4 | 4 Italy | 130,450 | 2023 | -8.55% | -1.3% | View data |
| 5 | 5 Spain | 91,260 | 2023 | -3.72% | -0.088% | View data |
| 6 | 6 Netherlands | 50,160 | 2023 | +2.3% | +3.8% | View data |
| 7 | 7 Poland | 48,820 | 2023 | -2.65% | +2.83% | View data |
| 8 | 8 Switzerland | 29,810 | 2023 | +1.18% | +0.8% | View data |
| 9 | 9 Sweden | 28,950 | 2023 | -4.53% | +2.02% | View data |
| 10 | 10 Belgium | 25,600 | 2023 | -0.27% | +0.078% | View data |
