Household consumption expenditure on recreation in the Netherlands attained a value of $57 billion in 2020. It recorded a decline of 23.3% in 2020 compared to the previous year. Between 2010-2020, the household consumption expenditure on recreation in the Netherlands decreased by 18.1%. The indicator in the Netherlands was highest in the year 2018 and lowest in the year 2020, between 2010 and 2020.
The amount that resident households spend on their daily necessities, such as food, clothing, housing (rent), energy, transportation, durable goods (particularly cars), health expenses, recreation, and other services, is referred to as household spending.
The indicator household consumption expenditure on recreation refers to spending on recreational activities and facilities like sports, theatre, movies, live entertainment, amusement park, museums, etc, and expenses on food and accommodation services in hotels and restaurants.
Recreational spending by consumers is closely linked to consumer spending and per capita disposable income. Spending on recreation is anticipated to rise in the coming years as both of these indicators have exponentially grown in the last decade. Recreational spending is also linked to leisure time. Consumers are increasingly inclined to spend money on recreation when leisure time increases. Recreational spending by consumers is anticipated to rise over the next few years, primarily as a result of the COVID-19 pandemic's low beginning point in 2020. Stay-at-home directives and prohibitions on social interaction during the pandemic led to a sharp decline in recreational spending overall.
According to GlobalData, the countries with the highest household consumption expenditure on recreation in 2020 were the United States, Germany, France, Italy, Canada, Spain, Australia, the Netherlands, Thailand, and Austria.
Montenegro, Mongolia, Malta, Azerbaijan, Bosnia and Herzegovina, Iceland, Estonia, Latvia, Luxembourg, and Serbia are the countries with the lowest household consumption expenditure on recreation in 2020.
Between 2010 and 2020, Mongolia, Indonesia, Lithuania, Azerbaijan, Iceland, Romania, Estonia, Thailand, the United States, and Hong Kong were some of the countries with the highest growth in household consumption expenditure on recreation. Montenegro, Greece, Spain, Italy, Ireland, Croatia, Singapore, Norway, the Netherlands, and France are the countries with the lowest growth in household consumption expenditure on recreation.
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer
Contact the team or request a demo to find out how our data can drive your business forward