A new November 2025 report on artificial intelligence investments across Europe shows that Sweden is the continent’s biggest AI contributor, with the technology projected to account for 0.63 per cent of its total economy by the end of the year. The study, conducted by iGaming software provider Digitain, evaluated AI investment levels, adoption trends, and economic impact across 27 European countries to understand how strongly each nation is preparing for an AI-driven future.
The analysis examined five years of financial data and projected trends through 2025. Countries were ranked by AI investment as a percentage of GDP—a metric Digitain says best reflects national strategic commitment to artificial intelligence.
Sweden Takes the Lead
With $35.1 billion committed to artificial intelligence, Sweden stands at the top of the rankings. AI will represent 0.628 per cent of Swedish GDP this year, the highest share in Europe. The country’s rapid adoption rate—expected to rise 140 per cent between 2023 and 2025—signals deep integration of AI across manufacturing, services, healthcare, and public-sector operations.
Finland Ranks Second
Finland follows in second place, with AI accounting for 0.423 per cent of its GDP. The country has invested $8.4 billion, a significant figure for its $314 billion economy. Finnish AI usage is projected to climb 59 per cent over the next year.
Croatia Surprises in Third
Despite its smaller economy, Croatia ranks third. AI will contribute 0.225 per cent to Croatia’s GDP, thanks to nearly $860 million in investment and a strong digitalization push across government and industry. AI adoption is projected to rise 52 per cent nationwide.
Greece and France Complete the Top Five
Greece takes fourth place with AI contributing 0.146 per cent of GDP. The nation has committed over $500 million to AI-based transformation, with adoption projected to surge 150%—one of the fastest increases in Europe.
France ranks fifth, with AI representing 0.114 per cent of its economy. With $16.4 billion invested, France is one of Europe’s largest AI spenders in absolute terms. Public and private adoption is expected to grow another 70 per cent by 2025.
Top 10 European Countries by AI Contribution to the Economy (2025)
|
Country |
2025 GDP |
Projected AI Usage Change |
Total AI Investment |
AI Investment as % of GDP (2025) |
|
Sweden |
$662.3B |
140% |
$35.10B |
0.628% |
|
Finland |
$314.7B |
59% |
$8.40B |
0.423% |
|
Croatia |
$103.9B |
52% |
$859.74M |
0.225% |
|
Greece |
$282.0B |
150% |
$509.98M |
0.146% |
|
France |
$3.4T |
70% |
$16.39B |
0.114% |
|
Netherlands |
$1.3T |
63% |
$4.47B |
0.109% |
|
Germany |
$5.0T |
72% |
$13.16B |
0.098% |
|
Denmark |
$459.6B |
84% |
$1.28B |
0.076% |
|
Belgium |
$717.0B |
81% |
$2.58B |
0.064% |
|
Serbia |
$100.1B |
286% |
$46.54M |
0.056% |
Serbia Records Fastest AI Adoption in Europe
While not among the biggest spenders, Serbia has the fastest-growing AI adoption rate, with usage projected to leap 286 per cent this year—reflecting a sharp rise in AI use in business operations, government platforms, and consumer tools.
Latvia Lags Behind
At the other end of the spectrum, Latvia recorded the lowest AI investment, with total spending amounting to just $10 million over the past two years.
Europe Risks Falling Behind the U.S. and China
Ani Mkrtchyan, Chief Sales Officer at Digitain, warns that Europe’s long-term competitiveness is at stake:
“The global AI market is worth around $240 billion today and is projected to hit $1.2 trillion by 2030. The US and China control roughly 87% of that market. Europe is getting left behind. If European countries want a meaningful piece of that $1.2 trillion pie, they need to spend more. The window to catch up is closing fast—countries that don’t act now will be buying AI from American and Chinese companies instead of building their own.”
The report suggests that while countries like Sweden and Finland are pushing forward, many European nations remain under-invested, risking reliance on foreign AI systems as global competition intensifies.
