Denmark reported the biggest annual increase in services production in the EU in December 2024, with a 15.7% gain on the same month the previous year, new data from Eurostat has revealed.
Other countries to report a notable increase in services production included Lithuania (+13.5%), Slovakia (+12.1%) and Estonia (+10.7%).
At the other end of the scale, Romania reported a 8.4% decline in services production on an annual basis, while Latvia was down 4.7%, Austria fell by 2.9% and Luxembourg was down 2.3%. No data was available for Ireland, Cyprus, the Netherlands and Sweden.
Services production across the EU
Seasonally-adjusted services production increased by 1.9% in the EU in December 2024, compared with December 2023, while in the euro area, the increase was 1.5%.
Services production increased in most segments – in transportation and storage by 3.5%, in accommodation and food services by 0.8%, in information and communication by 3.4%, in real estate activities by 1.5%, and in professional, scientific and technical activities by 1.3%.
In administrative and support services, however, it decreased by 0.3%, Eurostat‘s data showed. Read more here.
Services Production Increase/Decrease by EU Member State, December 2024 (%)
| Country | Change (%) |
|---|---|
| Denmark | 15.7 |
| Lithuania | 13.5 |
| Slovakia | 12.1 |
| Estonia | 10.7 |
| Greece | 9.8 |
| Malta | 6.9 |
| Bulgaria | 6.0 |
| Poland | 5.0 |
| Hungary | 3.4 |
| France | 2.2 |
| Germany | 2.0 |
| Finland | 1.8 |
| Spain | 1.7 |
| Czechia | 1.6 |
| Slovenia | 0.8 |
| Belgium | -0.1 |
| Croatia | -0.2 |
| Italy | -0.2 |
| Luxembourg | -2.3 |
| Austria | -2.9 |
| Latvia | -4.7 |
| Romania | -8.4 |
