The European Recreational and Cultural Services HICP shows significant variation among countries, with Estonia leading at 15.23%, followed closely by Lithuania and Latvia. Many Central and Eastern European countries like the Czech Republic, Hungary, and Slovakia are above 12%, indicating robust growth. Conversely, Western and Southern European nations like Germany, France, and Italy are around 10-12%. Year-on-year variations highlight Estonia, Lithuania, and Latvia experiencing the highest growth rates, whereas Greece and Switzerland displayed minimal growth.
Future trends to watch include the impact of economic stability and consumer spending in Central and Eastern Europe, influencing further growth in the HICP. Additionally, digital transformation and online cultural services may continue shaping consumer preferences across Europe.
Top countries in Recreational and Cultural Services HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 152.3 | 2022 | +11.22% | +6.66% | View data |
| 2 | 2 Lithuania | 137.95 | 2022 | +9.74% | +4.75% | View data |
| 3 | 3 Latvia | 131.38 | 2022 | +6.55% | +4.56% | View data |
| 4 | 4 Norway | 130 | 2022 | +3.83% | +3.55% | View data |
| 5 | 5 Czech Republic | 129.2 | 2022 | +7.76% | +4.16% | View data |
| 6 | 6 Hungary | 127.58 | 2022 | +8.49% | +3.78% | View data |
| 7 | 7 Iceland | 124.6 | 2022 | +3.95% | +3.05% | View data |
| 8 | 8 Denmark | 123.1 | 2022 | +4.41% | +3% | View data |
| 9 | 9 Austria | 122.23 | 2022 | +4.03% | +2.98% | View data |
| 10 | 10 Slovakia | 121.76 | 2022 | +7.27% | +3.32% | View data |
