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
Download all data from 2008 to 2019

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
Compare all 29 countries

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