Analysis of European Household Expenditure on Home Goods by Country indicates wide variations in spending across Europe. For 2024, Montenegro leads with 8.3% of GDP, while Ireland lags at 1%. Notable year-on-year variations show positive growth in several countries such as Romania (2.77%) and Slovakia (2.78%), while Norway and Ireland faced significant declines of -3.75% and -5.11% respectively.
Future trends to watch for European Household Expenditure on Home Goods by Country include:
- Potential recovery in Ireland if economic conditions improve.
- Continued positive growth in Romania and Slovakia, driven by increased consumer confidence.
- Monitoring of Norway and Switzerland for potential stabilization after recent declines.
- Impact of economic policies on fluctuating markets in larger economies like Germany and Italy.
Top countries in Household Expenditure on Home Goods by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Montenegro | 8.3 | 2023 | +5.06% | -1.16% | View data |
| 2 | 2 Albania | 4.9 | 2023 | 0% | +1.27% | View data |
| 3 | 3 Romania | 4.7 | 2023 | +2.17% | +2.77% | View data |
| 4 | 4 Bosnia and Herzegovina | 4.5 | 2023 | -2.17% | -0.87% | View data |
| 5 | 5 Lithuania | 4 | 2023 | +5.26% | -1.44% | View data |
| 6 | 6 Slovakia | 3.9 | 2023 | 0% | +2.78% | View data |
| 7 | 7 Croatia | 3.8 | 2023 | +2.7% | +2.86% | View data |
| 8 | 8 Italy | 3.8 | 2023 | 0% | +0.53% | View data |
| 9 | 9 Bulgaria | 3.6 | 2023 | 0% | +1.76% | View data |
| 10 | 10 Portugal | 3.5 | 2023 | 0% | +1.18% | View data |
