Latvia - Metal Forming Machinery and Machine Tools Production Value
Since 2014, Latvia Metal Forming Machinery and Machine Tools Production Value was up 4.8% year on year. With €11.9 Million in 2019, the country was ranked number 27 comparing other countries in Metal Forming Machinery and Machine Tools Production Value. Latvia is overtaken by Lithuania, which was ranked number 26 at €25.4 Million and is followed by Bosnia and Herzegovina with €7.1 Million. Germany lead the ranking with €25,291.1 Million in 2019, a decrease of 0.7% versus 2018. Italy, Switzerland and Spain respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +26.3% per year, while Bosnia and Herzegovina recorded the worst performance at -14.7% per year.
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Date | Million Euros |
---|---|
2019 | 11.90 |
2018 | 11.70 |
2017 | 12.60 |
2016 | 10.00 |
2015 | 9.20 |
How does Latvia rank in Metal Forming Machinery and Machine Tools Production Value?
# | 29 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Germany
|
25,291.10 | 2019 | -0.7 % | +3.0 % | View data | |
2 |
#2
Italy
|
10,184.10 | 2019 | -2.7 % | +6.2 % | View data | |
26 |
#26
Lithuania
|
25.40 | 2019 | +2.0 % | +1.1 % | View data | |
27 |
#27
Latvia
|
11.90 | 2019 | +1.7 % | +4.8 % | View data | |
28 |
#28
Bosnia and Herzegovina
|
7.10 | 2019 | -11.3 % | -14.7 % | View data |