Latvia - Installation of Industrial Machinery and Equipment Gross Value Added Per Employee FTE
Since 2014, Latvia Installation of Industrial Machinery and Equipment Gross Value Added Per Employee FTE jumped by 6.1% year on year. In 2019, the country was number 26 comparing other countries in Installation of Industrial Machinery and Equipment Gross Value Added Per Employee FTE at €26.5 Thousand. Latvia is overtaken by Croatia, which was ranked number 25 at €31.7 Thousand and is followed by Romania at €22.3 Thousand. Luxembourg topped the ranking with €136.8 Thousand in 2019, that is a growth of 6.1% compared to 2018. Norway, Belgium and Iceland respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +12.8% per year, while United Kingdom recorded the worst performance at -6.8% per year.
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| Date | Thousand Euros |
|---|---|
| 2019 | 26.50 |
| 2018 | 24.10 |
| 2017 | 32.60 |
| 2016 | 20.90 |
| 2015 | 17.20 |
How does Latvia rank in Installation of Industrial Machinery and Equipment Gross Value Added Per Employee FTE?
| # | 30 Countries | Thousand Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Luxembourg
|
136.80 | 2019 | +6.1 % | +9.6 % | View data | |
| 2 |
#2
Norway
|
124.00 | 2019 | +1.5 % | -3.8 % | View data | |
| 25 |
#25
Croatia
|
31.70 | 2019 | -3.4 % | +1.1 % | View data | |
| 26 |
#26
Latvia
|
26.50 | 2019 | +10.0 % | +6.1 % | View data | |
| 27 |
#27
Romania
|
22.30 | 2019 | -0.5 % | +4.8 % | View data | |