European Air Transport Gross Value Added by Country

France leads the European air transport sector with a GVA of €8.03 billion in 2024, reflecting a 3.08% year-on-year growth from 2023. Germany follows with €7.15 billion, although it experienced a slight decline of -0.51% in the same period. Italy and Spain show strong contributions at €4.06 billion and €4.03 billion, respectively, with Italy notably surging by 10.86% year-on-year, whereas Spain remained stable. The Netherlands and Ireland post €3.01 billion and €1.8 billion, respectively, with the Netherlands seeing a decrease of -4.77%, contrasted by Ireland’s growth of 4.39%. Portugal's air transport GVA is steady at €1.04 billion. Austria and Lithuania present more modest figures at €0.51594 billion and €0.17043 billion, with Austria dropping by -10.52% and Lithuania rising by 18.27%. Slovakia and Cyprus are significantly lower, with Slovakia having a minimal €0.03648 billion yet growing by 3.48%, while Cyprus is negative at -€0.0306 billion. Over the past five years, we observe varied compound annual growth rates, indicating diverse trajectory paths among these countries.

Future trends to watch will include the impact of sustainable aviation initiatives, economic recovery post-pandemic, and technological advancements. There may be robust growth in countries investing in green technologies and digital transformation of air transport infrastructure. Additionally, market consolidation and strategic alliances will likely influence GVA distribution across European nations. Monitoring these elements will be crucial for predicting future shifts in the sector’s landscape.