Latvia - Production Value of Renting and Leasing of Cars and Light Motor Vehicles
Since 2014, Latvia Production Value of Renting and Leasing of Cars and Light Motor Vehicles grew 8.6% year on year. In 2019, the country was ranked number 24 comparing other countries in Production Value of Renting and Leasing of Cars and Light Motor Vehicles at €85.5 Million. Latvia is overtaken by Serbia, which was ranked number 23 with €109.5 Million and is followed by Cyprus with €79.2 Million. United Kingdom lead the ranking with €17,331.5 Million in 2019, +0.9% compared to 2018. Germany, France and Italy respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +19.6% per year, while Greece witnessed the worst performance at -2.4% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 85.50 |
| 2018 | 84.00 |
| 2017 | 82.10 |
| 2016 | 70.10 |
| 2015 | 71.50 |
How does Latvia rank in Production Value of Renting and Leasing of Cars and Light Motor Vehicles?
| # | 28 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
17,331.50 | 2019 | +0.9 % | +2.1 % | View data | |
| 2 |
#2
Germany
|
16,985.50 | 2019 | -1.6 % | +19.3 % | View data | |
| 23 |
#23
Serbia
|
109.50 | 2018 | +13.2 % | NA | View data | |
| 24 |
#24
Latvia
|
85.50 | 2019 | +1.8 % | +8.6 % | View data | |
| 25 |
#25
Cyprus
|
79.20 | 2019 | -3.8 % | +8.7 % | View data | |