The number of high growth enterprises in activities auxiliary to financial services and insurance in Europe shows varying dynamics across countries as of 2023. Italy leads with a significant share of 42.87%, followed by the Czech Republic and Romania with 15.38% and 13.95%, respectively. Year-on-year growth figures from 2023 illustrate notable increases, particularly in Slovakia with 21.67% and Romania with 11.2%, while Italy and the Czech Republic both marked modest growth of around 3.85%-3.88%.
Looking ahead into 2024 and beyond, several trends warrant attention:
- Italy's dominance may continue, but growth rates suggest emerging potential in countries like Slovakia and Romania.
- The overall diversification and technological advancements in financial and insurance activities could spur growth, particularly in Eastern Europe.
- Economic conditions, regulatory changes, and digitalization will be key influencers in shaping high growth enterprise landscapes in this sector.
Top countries in Number of High Growth Enterprises in Activities Auxiliary to Financial Services and Insurance Activities Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.87 | 2023 | +2.45% | +3.85% | View data |
| 2 | 2 Czech Republic | 15.38 | 2023 | +2.74% | +3.88% | View data |
| 3 | 3 Romania | 13.95 | 2023 | +25.93% | +11.2% | View data |
| 4 | 4 Hungary | 13.54 | 2023 | +6.45% | +8.45% | View data |
| 5 | 5 Portugal | 13.33 | 2023 | +6.56% | +6.25% | View data |
| 6 | 6 Lithuania | 8.2 | 2023 | +14.29% | +4.56% | View data |
| 7 | 7 Latvia | 3.49 | 2023 | +6.25% | +1.22% | View data |
| 8 | 8 Slovakia | 1.64 | 2023 | 0% | +21.67% | View data |
| 9 | 9 Iceland | 0.82 | 2023 | +33.33% | +5.92% | View data |
