Ranked: Crypto Popularity Across European Union Nations


This post is by Aran Ali from Visual Capitalist


Comparing the level of crypto investment from Europeans

Ranked: Crypto Popularity Across European Union Nations

Depending on where you live, investors can have wildly different preferences when it comes to choosing asset classes.

For a modern example, we can see how different countries (and regions) act when it comes to cryptocurrency. Within the European Union—one of the regions dealing with faster crypto adoption—attitudes towards investing can vary considerably.

This graphic from Gilbert Fontana looks at crypto popularity amongst investors in the EU using data from the European Commission’s Eurobarometer. It compares exposure to cryptocurrencies relative to stocks, funds, and bonds.

Crypto Popularity in Europe in 2022

Given that crypto has experienced bubble-like asset rallies, including a dramatic rise to over a trillion dollars in value before crashing, it’s fair to say it’s well known by now.

But even with a vast rise in awareness, there are still discrepancies between the level of investment crypto receives amongst European Union nations. Let’s see which countries have the highest proportion of citizens invested in crypto:

CountryPopulation Investing in CryptoPopulation Investing in Traditional Assets
🇸🇮 Slovenia18%22%
🇭🇷 Croatia16%17%
🇱🇺 Luxembourg14%36%
🇧🇬 Bulgaria13%13%
🇨🇾 Cyprus13%10%
🇸🇰 Slovakia12%25%
🇦🇹 Austria12%32%
🇵🇹 Portugal12%23%
🇨🇿 Czech Republic12%24%
🇪🇪 Estonia12%30%
🇳🇱 Netherlands12%19%
🇱🇹 Lithuania11%14%
🇮🇪 Ireland11%21%

Topping the list is Slovenia, considered by some the most crypto-friendly nation in the world. According to the survey, 18% of the country’s population has some sort of investment in it. Cyprus also (Read more...)