In 2024, Norway leads with the highest European Recreation and Culture HICP at 12.03. Estonia follows closely at 11.918, while Iceland, Latvia, and Slovakia also exhibit elevated indices above 11. Over the previous two years, Norway and Estonia showed significant increases of 2.9% and 3.32%, respectively. Conversely, Southern European countries like Spain and Greece experienced slight declines. The last five-year CAGR shows Northern and Eastern European countries generally sustaining positive growth rates, while some Western and Southern European countries have seen a lesser pace or slight declines.
Future trends to watch include potential shifts due to local economic policies, technological advancements in cultural sectors, and the influence of global economic conditions on leisure spending. Sustainability practices may play an increasingly prominent role in influencing cultural spending and offerings across Europe.
Top countries in Recreation and Culture HICP by Country
| # | 10 Countries | Indexes 2010 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 120.3 | 2021 | +3.26% | +2.9% | View data |
| 2 | 2 Estonia | 119.18 | 2021 | +4.41% | +3.32% | View data |
| 3 | 3 Iceland | 113.18 | 2021 | +3.33% | +2% | View data |
| 4 | 4 Latvia | 112.6 | 2021 | +2.47% | +2.12% | View data |
| 5 | 5 Slovakia | 111.74 | 2021 | +3.42% | +1.95% | View data |
| 6 | 6 Austria | 111.67 | 2021 | +2.9% | +1.97% | View data |
| 7 | 7 Luxembourg | 110.98 | 2021 | +1.1% | +2% | View data |
| 8 | 8 Netherlands | 109 | 2021 | +1.48% | +1.52% | View data |
| 9 | 9 Belgium | 108.58 | 2021 | +1.5% | +1.39% | View data |
| 10 | 10 Poland | 107.6 | 2021 | +4.47% | +2.16% | View data |
