Belgium - Production Value of Renting and Leasing of Agricultural Machinery and Equipment
Since 2014, Belgium Production Value of Renting and Leasing of Agricultural Machinery and Equipment decreased by 15% year on year. In 2019, the country was ranked number 12 comparing other countries in Production Value of Renting and Leasing of Agricultural Machinery and Equipment with €10.2 Million. Belgium is overtaken by Norway, which was number 11 at €15.3 Million and is followed by Lithuania at €9.1 Million. Germany ranked the highest with €386.5 Million in 2019, a fall of 4.6% versus 2018. United Kingdom, Poland and Spain respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +36.8% per year, while Slovenia recorded the worst performance at -100% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 10.20 |
| 2018 | 10.80 |
| 2017 | 11.10 |
| 2016 | 9.90 |
| 2015 | 14.60 |
How does Belgium rank in Production Value of Renting and Leasing of Agricultural Machinery and Equipment?
| # | 23 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
386.50 | 2019 | -4.6 % | -4.0 % | View data | |
| 2 |
#2
United Kingdom
|
308.00 | 2019 | -4.5 % | +4.9 % | View data | |
| 11 |
#11
Norway
|
15.30 | 2019 | +3.4 % | +2.1 % | View data | |
| 12 |
#12
Belgium
|
10.20 | 2019 | -5.6 % | -15.0 % | View data | |
| 13 |
#13
Lithuania
|
9.10 | 2019 | -12.5 % | +36.8 % | View data | |