Spain leads European production in accommodation and food services with €133.26 billion in 2023. Italy and France follow closely, both seeing over €130 billion. Germany, though significant, lags with €113.48 billion. Smaller markets like the Netherlands and Austria range between €30-40 billion, while others such as Greece, Belgium, and Portugal are below €25 billion. The Baltic states and Luxembourg remain under €2 billion.
Recent trends reveal steady growth in most countries: Spain had a 1.51% increase, while Latvia and Lithuania topped gains, each exceeding 3%. This indicates dynamic growth potential, especially in emerging markets.
Future trends to watch include digitalization and sustainability in service delivery, and how countries adapt to changing consumer preferences. These factors could further influence production values in the sector across Europe.
Top countries in Production of Accommodation and Food Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 133,260 | 2023 | +1.6% | +1.51% | View data |
| 2 | 2 Italy | 131,930 | 2023 | +1.83% | +1.9% | View data |
| 3 | 3 France | 131,260 | 2023 | +2.13% | +2.72% | View data |
| 4 | 4 Germany | 113,480 | 2023 | +2.15% | +2.56% | View data |
| 5 | 5 Netherlands | 33,400 | 2023 | +2.41% | +2.28% | View data |
| 6 | 6 Austria | 32,590 | 2023 | +2.28% | +2.26% | View data |
| 7 | 7 Greece | 24,770 | 2023 | +1.64% | +2.39% | View data |
| 8 | 8 Belgium | 21,740 | 2023 | +2.28% | +2.67% | View data |
| 9 | 9 Portugal | 21,230 | 2023 | +2.42% | +2.26% | View data |
| 10 | 10 Ireland | 10,020 | 2023 | +1.97% | +2.17% | View data |
