In 2023, European countries exhibited varied trends in household expenditure on domestic consumption by non-residents. France led with 49.91 billion euros despite a 3.18% decline. Italy followed at 37.31 billion euros, decreasing by 2.21%. Germany registered 25.42 billion euros with a slight dip of 0.87%. Notably, Croatia showed a positive trend with a 2.34% increase, whereas Finland and Estonia experienced significant declines of 6.68% and 3.78%, respectively.
Looking ahead, factors such as tourism recovery, economic policies, and geopolitical stability will influence European household spending by non-residents. Watch for resilience in recovering tourist destinations and potential shifts due to economic changes.
Top countries in Household Expenditure on Domestic Consumption (Non-Residents) by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 49,910 | 2023 | -18.04% | -3.18% | View data |
| 2 | 2 Italy | 37,310 | 2023 | -15.85% | -2.21% | View data |
| 3 | 3 Germany | 25,420 | 2023 | +1.5% | -0.87% | View data |
| 4 | 4 Austria | 15,420 | 2023 | -7.54% | -2.45% | View data |
| 5 | 5 Portugal | 15,340 | 2023 | -23.88% | -1.15% | View data |
| 6 | 6 Greece | 14,000 | 2023 | -20.77% | -2.73% | View data |
| 7 | 7 Netherlands | 13,010 | 2023 | -14.59% | -2.88% | View data |
| 8 | 8 Croatia | 10,610 | 2023 | -21.47% | +2.34% | View data |
| 9 | 9 Belgium | 6,070 | 2023 | +1.88% | -0.12% | View data |
| 10 | 10 Luxembourg | 4,720 | 2023 | -8.29% | +2.18% | View data |
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