European Final Household Consumption Expenditure on Non-durable Goods shows significant country variation based on GDP percentage. In 2023, Bosnia and Herzegovina recorded the highest consumption at 39.5% while Ireland had the lowest at 6.5%. Year-over-year changes indicate slight increases in countries like Greece and Italy, while notable decreases were seen in Norway and Ireland. Long-term trends reveal stability for France, minor declines for Central and Eastern Europe, and mixed shifts for Western Europe.
Future trends to watch include:
- The potential impact of economic recovery measures in the Euro Zone.
- Expected growth in countries focusing on sustainable, non-durable goods due to green policies.
- The influence of inflation rates and geopolitical tensions on consumer spending patterns.
Top countries in Final Household Consumption Expenditure on Non-durable Goods by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bosnia and Herzegovina | 39.5 | 2023 | -1.74% | -0.79% | View data |
| 2 | 2 Serbia | 33.8 | 2023 | -0.59% | -0.75% | View data |
| 3 | 3 Croatia | 30.7 | 2023 | -1.92% | +0.46% | View data |
| 4 | 4 Romania | 27.5 | 2023 | -8.94% | -0.78% | View data |
| 5 | 5 Greece | 26.7 | 2023 | +0.75% | +1.41% | View data |
| 6 | 6 Lithuania | 26.7 | 2023 | -2.55% | -2.04% | View data |
| 7 | 7 Latvia | 26.1 | 2023 | -0.38% | +1.44% | View data |
| 8 | 8 Poland | 25.1 | 2023 | -0.79% | -0.32% | View data |
| 9 | 9 Slovakia | 24.3 | 2023 | -1.62% | +1.73% | View data |
| 10 | 10 Bulgaria | 23.6 | 2023 | -4.45% | -0.58% | View data |
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