In 2023, Italy led in the number of high-growth enterprises in activities auxiliary to financial services and insurance, followed by the Czech Republic and Romania. The highest year-on-year growth was observed in Slovakia, at 21.67%, emphasizing its burgeoning potential, whereas Latvia exhibited the slowest growth at 1.22%. Notably, Romania showed a promising increase of 11.2%, indicating a robust expansion. The average annual growth rate over the last five years highlights dynamic growth trends in Hungary and Portugal, while Italy maintains a steady yet modest increase.
Future trends to watch for include potential regulatory changes and technological advancements, which could significantly influence the growth trajectory in these enterprises. Emerging markets like Romania and Slovakia could also see increased investments and expansions, driving further growth in the sector.
Top countries in Number of High Growth Enterprises in Activities Auxiliary to Financial Services and Insurance Activities by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 209 | 2023 | +2.45% | +3.85% | View data |
| 2 | 2 Czech Republic | 75 | 2023 | +2.74% | +3.88% | View data |
| 3 | 3 Romania | 68 | 2023 | +25.93% | +11.2% | View data |
| 4 | 4 Hungary | 66 | 2023 | +6.45% | +8.45% | View data |
| 5 | 5 Portugal | 65 | 2023 | +6.56% | +6.25% | View data |
| 6 | 6 Lithuania | 40 | 2023 | +14.29% | +4.56% | View data |
| 7 | 7 Latvia | 17 | 2023 | +6.25% | +1.22% | View data |
| 8 | 8 Slovakia | 8 | 2023 | 0% | +21.67% | View data |
| 9 | 9 Iceland | 4 | 2023 | +33.33% | +5.92% | View data |
