The data on European Household Expenditure on Housing Rentals in 2023 indicates significant variability across countries. Denmark (2.16 thousand euros per capita) and Iceland (1.99) lead in expenditure, with high growth percentages (2.74% and 2.88%, respectively). Several countries like Estonia (27.45%), Lithuania (11.05%), and Hungary (7.96%) exhibit notable year-on-year increases. In contrast, Norway shows a reduction of 2.93%. The Netherlands (3.11%) and Belgium (3.35%) also present positive trends. These trends reflect differing economic conditions and housing market dynamics across Europe.
Looking ahead, expect continued variability in expenditure trends. Countries with rapid urbanization and strong economic growth may see rising rental costs. Policy changes, inflation rates, and housing supply-demand metrics will be critical factors influencing future spending behaviors in European housing rentals.
Top countries in Household Expenditure on Housing Rentals by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 2,160 | 2023 | +2.51% | +2.74% | View data |
| 2 | 2 Iceland | 1,990 | 2023 | +2.78% | +2.88% | View data |
| 3 | 3 Sweden | 1,990 | 2023 | +2.1% | +1.37% | View data |
| 4 | 4 Luxembourg | 1,740 | 2023 | +0.58% | +0.95% | View data |
| 5 | 5 United Kingdom | 1,550 | 2023 | +1.57% | +2.04% | View data |
| 6 | 6 Germany | 1,540 | 2023 | +1.25% | +1.48% | View data |
| 7 | 7 Finland | 1,530 | 2023 | +2.62% | +2.52% | View data |
| 8 | 8 Netherlands | 1,390 | 2023 | +2.74% | +3.11% | View data |
| 9 | 9 Ireland | 1,340 | 2023 | +4.19% | +5.26% | View data |
| 10 | 10 Belgium | 1,300 | 2023 | +2.94% | +3.35% | View data |
