The European media sector shows varied Gross Value Added across countries in 2023, with Spain leading at 5.67 billion euros and Latvia at the lower end with 0.09311 billion euros. Year-on-year changes from 2023 indicate significant growth in Greece (5.27%) and Lithuania (5.58%), while Spain shows modest increase (1.6%). Over the last two years, media value increases have been more pronounced in Ireland (3.05%) and Cyprus (2.46%). The last 5-year CAGR highlights broader growth trends.
Future trends to watch include digital transformation, shifts towards streaming services, and evolving regulatory landscapes impacting media investments and value generation across Europe.
Top countries in Media Gross Value Added by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 5,670 | 2023 | +4.63% | +1.6% | View data |
| 2 | 2 Belgium | 1,890 | 2023 | +5.03% | +0.56% | View data |
| 3 | 3 Ireland | 883.14 | 2023 | +3.32% | +3.05% | View data |
| 4 | 4 Greece | 518.95 | 2023 | -2.82% | +5.27% | View data |
| 5 | 5 Croatia | 270.07 | 2023 | +2.93% | +3.88% | View data |
| 6 | 6 Lithuania | 138.75 | 2023 | +3.22% | +5.58% | View data |
| 7 | 7 Latvia | 93.11 | 2023 | +5.13% | +1.1% | View data |
| 8 | 8 Cyprus | 82.1 | 2023 | +1.61% | +2.46% | View data |