Slovenia is Europe’s most ‘crypto-obsessed’ country

A STUDY by cryptocurrency experts has analysed search volumes for popular cryptocurrency terms in European countries — and found that Slovenia heads the list.

Searches from the past 12 months reveal roughly 100,000 crypto-related searches there each month. When population figures are factored-in, that boils down to an average of 4,789 crypto-related searches per 100,000 people.

Bitcoin, Litecoin, European flag
A study has analysed search volumes for popular cryptocurrency terms in European countries. Image by pvproductions on Freepik

Luxembourg comes in second, with around 17,000 searches — which is a lot for a population of 645,397. It equates to 2,634 cryptocurrency searches per 100,000 people.

In third place is the Netherlands, which sees around 2,608 searches per 100,000 people, or an average of 452,000 monthly searches for a population of 17,332,850. The Netherlands is one of the least crypto-friendly countries despite this interest, as it’s one of the few to tax unrealised gains.

Finland is fourth on the list, and rounding out the top five is Turkey. That’s the biggest country to feature in the top 10, with a population of 83,429,615.

# Country Population Average crypto searches per month Crypto searches per 100,000 people
1 Slovenia 2,087,946 100,000 4,789
2 Luxembourg 645,397 17,000 2,634
3 Netherlands 17,332,850 452,000 2,608
4 Finland 5,520,314 135,000 2,446
5 Turkey 83,429,615 1,900,000 2,277
6 Spain 47,076,781 907,000 1,927
7 Czech Republic 10,669,709 201,000 1,884
8 Estonia 1,331,824 25,000 1,877
9 Croatia 4,067,500 74,000 1,819
10 Cyprus 1,198,575 21,000 1,752


A spokesperson from, which commissioned the study, said legislation had probably sparked an interest in crypto as a whole. “Cryptocurrency remains a new thing for many people, yet many have yet to learn about it,” the spokesperson said. “Any publicity, whether it be by legislation or general news, is bound to garner interest.”