In 2023, France led European fixed investment in transport equipment, reaching 43.19 billion euros, marking a 1.54% year-on-year increase. Italy followed with 26.1 billion euros, showing a 2.79% rise. Conversely, Spain and Ireland saw declines of 3.12% and 2.85%, respectively. Noteworthy growth was seen in Estonia and Latvia, boasting increases of 10.14% and 9.87%. Luxembourg and Slovenia also showed significant increases of 7.9% and 7.57%. Cyprus experienced the largest drop at 13.53%.
Looking ahead, trends to watch include continued growth in Eastern Europe, potential recoveries in countries experiencing declines, and the impact of sustainability initiatives on investment patterns. Monitoring these developments will be key to understanding the evolving landscape of transport equipment investment in Europe.
Top countries in Fixed Investment in Transport Equipment by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 43,190 | 2023 | +2.46% | +1.54% | View data |
| 2 | 2 Italy | 26,100 | 2023 | +0.41% | +2.79% | View data |
| 3 | 3 Spain | 21,320 | 2023 | +13.6% | -3.12% | View data |
| 4 | 4 Ireland | 17,180 | 2023 | +1.26% | -2.85% | View data |
| 5 | 5 Belgium | 11,200 | 2023 | +0.59% | +2.36% | View data |
| 6 | 6 Netherlands | 10,420 | 2023 | +4.25% | -3.64% | View data |
| 7 | 7 Austria | 8,400 | 2023 | +1.25% | -0.49% | View data |
| 8 | 8 Portugal | 3,340 | 2023 | +0.19% | -0.18% | View data |
| 9 | 9 Greece | 2,460 | 2023 | +3.57% | +5.11% | View data |
| 10 | 10 Luxembourg | 2,410 | 2023 | +19.43% | +7.9% | View data |