The 2023 data shows Hungary leading in the share of high-growth enterprises in the accounting, bookkeeping, and auditing services, tax consultancy sector, with a remarkable value, highlighting a vibrant entrepreneurial ecosystem. Lithuania and Iceland follow, indicating relatively strong growth potential. Other countries like Italy and Norway depict lower growth shares, suggesting subdued sector dynamism. The year-on-year variation is limited, with a nil trend observed from 2023 into 2024. Over the past five years, the compound annual growth rate captured a modest average increase, hinting at consistent but varied progression across European nations.
Future trends to watch include:
- The role of digital transformation and innovation in driving sector growth, particularly in countries with lower current rates.
- Potential regulatory changes impacting enterprise growth dynamics in the professional services domain.
- Cross-border collaborations and integrations enhancing the scale and reach of these enterprises.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Accounting, Bookkeeping and Auditing Services, Tax Consultancy by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 86.41 | 2023 | View data |
| 2 | 2 Lithuania | 75.11 | 2023 | View data |
| 3 | 3 Iceland | 38.14 | 2023 | View data |
| 4 | 4 Latvia | 29.52 | 2023 | View data |
| 5 | 5 Czech Republic | 27.69 | 2023 | View data |
| 6 | 6 Slovakia | 19.38 | 2023 | View data |
| 7 | 7 Romania | 17.24 | 2023 | View data |
| 8 | 8 Portugal | 13.76 | 2023 | View data |
| 9 | 9 Italy | 8.36 | 2023 | View data |
| 10 | 10 Norway | 3.37 | 2023 | View data |