Latvia - Installation of Industrial Machinery and Equipment Production Value
Since 2014, Latvia Installation of Industrial Machinery and Equipment Production Value was up 10% year on year. With €35.9 Million in 2019, the country was ranked number 28 among other countries in Installation of Industrial Machinery and Equipment Production Value. Latvia is overtaken by Lithuania, which was ranked number 27 with €42.5 Million and is followed by Bosnia and Herzegovina with €31.1 Million. Germany ranked the highest with €17,117.6 Million in 2019, that is an increase of 0.3% versus 2018. France, Italy and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +35.3% per year, while Romania recorded the worst performance at -8.8% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 35.90 |
| 2018 | 29.90 |
| 2017 | 46.50 |
| 2016 | 32.60 |
| 2015 | 27.00 |
How does Latvia rank in Installation of Industrial Machinery and Equipment Production Value?
| # | 32 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
17,117.60 | 2019 | +0.3 % | +0.5 % | View data | |
| 2 |
#2
France
|
12,399.50 | 2019 | -1.8 % | -2.7 % | View data | |
| 27 |
#27
Lithuania
|
42.50 | 2019 | -5.1 % | +12.7 % | View data | |
| 28 |
#28
Latvia
|
35.90 | 2019 | +20.1 % | +10.0 % | View data | |
| 29 |
#29
Bosnia and Herzegovina
|
31.10 | 2019 | -8.0 % | +11.4 % | View data | |