In 2023, European household expenditure on tobacco varied significantly among countries. Highest expenditures were recorded in Bosnia and Herzegovina (3.8%), Serbia (3.5%), and Croatia (2.9%), while Iceland and Ireland had the lowest (0.4%). Variations over 2023 showed notable increases in Romania (11.38%) and Croatia (3.86%), while significant decreases were seen in Iceland (-7.79%) and Malta (-5.59%). Overall, countries like Bosnia and Herzegovina and Macedonia experienced declines, whereas Belgium and Croatia saw rises in expenditures.
Future trends to watch include potential tax reforms and public health initiatives aimed at reducing tobacco consumption, which may further decrease expenditure in most countries. Meanwhile, socioeconomic factors could influence trends in countries with rising expenditure rates. The adoption of alternative nicotine products, as well as shifts in consumer habits, may also impact future spending patterns.
Top countries in Household Expenditure on Tobacco by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bosnia and Herzegovina | 3.8 | 2023 | -9.52% | -5.34% | View data |
| 2 | 2 Serbia | 3.5 | 2023 | +2.94% | +0.58% | View data |
| 3 | 3 Croatia | 2.9 | 2023 | 0% | +3.86% | View data |
| 4 | 4 Romania | 2.4 | 2023 | 0% | +11.38% | View data |
| 5 | 5 Luxembourg | 2.1 | 2023 | -4.55% | +2.02% | View data |
| 6 | 6 Greece | 2 | 2023 | +5.26% | -1.89% | View data |
| 7 | 7 Hungary | 1.9 | 2023 | 0% | +1.09% | View data |
| 8 | 8 Czech Republic | 1.9 | 2023 | 0% | -1.02% | View data |
| 9 | 9 Bulgaria | 1.8 | 2023 | 0% | -3.04% | View data |
| 10 | 10 Cyprus | 1.6 | 2023 | 0% | -3.38% | View data |
