The 2023 analysis reveals varied growth rates among European countries' high-growth enterprises in financial services and insurance. Italy leads with 474 enterprises, showing a modest increase of 1.09%. The Czech Republic and Hungary also showcase growth with 4.71% and 1.12%, respectively. Romania stands out with a notable 11.03% surge. In contrast, Latvia experienced a slight decline at -2.33%, while Iceland's number remained stagnant.
Future trends may include increased digitalization and fintech activity driving growth, regulatory changes impacting expansion, and the potential for emerging market innovations to influence established economies. Watch for these factors influencing further development in number and performance of high-growth enterprises.
Top countries in Number of High Growth Enterprises in Financial Services and Insurance by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 474 | 2023 | -1.25% | +1.09% | View data |
| 2 | 2 Czech Republic | 141 | 2023 | +2.17% | +4.71% | View data |
| 3 | 3 Hungary | 111 | 2023 | +2.78% | +1.12% | View data |
| 4 | 4 Romania | 108 | 2023 | +27.06% | +11.03% | View data |
| 5 | 5 Portugal | 80 | 2023 | -2.44% | +0.25% | View data |
| 6 | 6 Lithuania | 63 | 2023 | +16.67% | +6.03% | View data |
| 7 | 7 Latvia | 24 | 2023 | 0% | -2.33% | View data |
| 8 | 8 Slovakia | 15 | 2023 | 0% | +4.56% | View data |
| 9 | 9 Iceland | 8 | 2023 | +14.29% | 0% | View data |
