Latvia - Forestry and Agricultural Machinery Production Value
Since 2014, Latvia Forestry and Agricultural Machinery Production Value increased 11.1% year on year. At €43.2 Million in 2019, the country was number 25 comparing other countries in Forestry and Agricultural Machinery Production Value. Latvia is overtaken by Lithuania, which was ranked number 24 at €51.9 Million and is followed by Serbia at €38 Million. Germany topped the ranking with €13,801.8 Million in 2019, that is a decrease of 2.7% compared to 2018. Italy, France and Netherlands respectively ranked number 2, 3 and 4 in this ranking. Cyprus witnessed the best average annual growth at +14.9% per year, while Switzerland was the worst growing country at -6.3% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 43.20 |
| 2018 | 44.60 |
| 2017 | 36.40 |
| 2016 | 26.70 |
| 2015 | 28.00 |
Download all data from 2008 to 2019
How does Latvia rank in Forestry and Agricultural Machinery Production Value?
| # | 30 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
13,801.80 | 2019 | -2.7 % | +3.5 % | View data | |
| 2 |
#2
Italy
|
9,578.60 | 2019 | -0.4 % | +4.8 % | View data | |
| 24 |
#24
Lithuania
|
51.90 | 2019 | -1.1 % | +9.7 % | View data | |
| 25 |
#25
Latvia
|
43.20 | 2019 | -3.1 % | +11.1 % | View data | |
| 26 |
#26
Serbia
|
38.00 | 2018 | +8.3 % | NA | View data | |