According to a November 2025 report on artificial intelligence investments across Europe, Sweden leads the continent with the largest AI contribution to its economy. The study by iGaming software provider Digitain examined European countries and their commitment to AI development through 2025.
- AI investments will represent 0.63% of the Swedish economy by the end of 2025, the highest share among European nations.
- Serbia shows the fastest AI adoption rate in Europe, with usage projected to increase 286% this year.
- Latvia saw the least investments in AI over the past couple of years, with total expenditure amounting to just $10M.
The research analyzed AI investments across 27 European countries, tracking financial commitment from the last five years and projecting trends through 2025. The study evaluated three economic factors: total AI investment, GDP share dedicated to AI, and adoption rate changes. Countries were ranked based on their estimated AI investment as a percentage of GDP in 2025, which best reflects national priority and long-term focus on the technology.
Here’s a look at the top 10 European countries by AI contribution to the economy:
| Countries | GDP in 2025 | Projected % of AI Usage Change | Total Number of Investments in AI | Est. of AI investment as % of GDP in 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 | 286.1 | 46.54M | 0.056 |
You can access the complete research findings here.
1. Sweden
- GDP in 2025: $662 billion
- Projected AI usage change: 140%
- Total AI investment: $35 billion
- AI as % of GDP: 0.6%
By 2025, artificial intelligence will account for more than 0.6% of Sweden’s total economy, the highest share in Europe. The country has already committed $35.1B to AI development, a figure that reflects both public and private sector investment. Sweden’s AI usage is also set to double between 2023 and 2025, which signals rapid integration of the technology across industries.
2. Finland
Finland comes in second with AI representing 0.42% of its GDP by 2025. The country invests $8.4 billion in artificial intelligence, which is a significant commitment given its economy is less than half a trillion dollars. Finland’s AI usage is projected to grow 59% through 2025, a more moderate pace than Sweden but still showing quick adoption.
3. Croatia
Croatia ranks third despite having a much smaller economy than Western European nations. AI will make up 0.23% of Croatia’s GDP by the end of the year, with total investments already reaching $860M. Similar to Finland, AI adoption across the country is expected to grow by 50%.
4. Greece
Greece takes fourth place with AI accounting for 0.15% of its $282B economy. The country invested over $500M in artificial intelligence over the recent years, and expenditures in this industry are expected to rise even further. Greeks are also actively using AI tools in everyday life, with adoption projected to jump 150% by 2025, one of the fastest growth rates in Europe.
5. France
France is also on the list, as the AI industry is estimated to make up 0.11% of the country’s economy by the end of the year. The French government and private sector together put $16.4B into artificial intelligence, making the country one of Europe’s biggest spenders in absolute terms. French citizens are quickly adopting AI tools, and their usage is on track to climb 70% by 2025.
Ani Mkrtchyan, Chief Sales Officer at Digitain, commented on the study:
“The global AI market is worth around $240 billion today and is projected to hit $1.2 trillion by 2030. Right now, the US and China control roughly 87% of that market between them. 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, and the countries that don’t move now will be buying AI technology from American and Chinese companies instead of building their own.”