The 2023 European ICT Gross Value Added Share shows Germany leading with significant dominance, followed by France and Ireland. Ireland exhibits the most substantial year-on-year growth at 19.12%. Smaller economies like Lithuania, Estonia, and Cyprus show impressive growth rates, reflecting their rapid digital advancements. While Germany and France remain stable, emerging countries are experiencing dynamic shifts, particularly in the Baltic and Southern Europe regions.
Looking forward, the ICT landscape in Europe appears to be marked by increasing contributions from smaller countries, driven by technological innovation and investment. Watch for accelerated digital transformation efforts in mid-sized nations, potentially introducing a perceptible shift in the regional balance of ICT contributions.
Top countries in ICT Gross Value Added Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.71 | 2023 | +7.59% | +5.38% | View data |
| 2 | 2 France | 20.27 | 2023 | +3.71% | +3.61% | View data |
| 3 | 3 Ireland | 14.38 | 2023 | +13.24% | +19.12% | View data |
| 4 | 4 Italy | 9.65 | 2023 | +1.75% | +1.28% | View data |
| 5 | 5 Spain | 7.68 | 2023 | +8.26% | +4.87% | View data |
| 6 | 6 Netherlands | 6.7 | 2023 | +3.46% | +5.04% | View data |
| 7 | 7 Belgium | 3.45 | 2023 | +4.77% | +5.51% | View data |
| 8 | 8 Finland | 2.34 | 2023 | +4.67% | +5.47% | View data |
| 9 | 9 Austria | 2.3 | 2023 | +3.59% | +3.65% | View data |
| 10 | 10 Greece | 0.96 | 2023 | +4.33% | +5.71% | View data |