Latvia - Installation of Industrial Machinery and Equipment Turnover
Since 2014, Latvia Installation of Industrial Machinery and Equipment Turnover increased 7.3% year on year. In 2019, the country was ranked number 28 among other countries in Installation of Industrial Machinery and Equipment Turnover with €36.7 Million. Latvia is overtaken by Lithuania, which was ranked number 27 at €42.6 Million and is followed by Bosnia and Herzegovina at €32.6 Million. Germany topped the ranking with €17,813.3 Million in 2019, a decrease of 0.4% 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 +25.4% per year, while Romania witnessed the worst performance at -8.7% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 36.70 |
| 2018 | 29.80 |
| 2017 | 49.20 |
| 2016 | 35.90 |
| 2015 | 31.90 |
How does Latvia rank in Installation of Industrial Machinery and Equipment Turnover?
| # | 32 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
17,813.30 | 2019 | -0.4 % | +0.3 % | View data | |
| 2 |
#2
France
|
13,235.60 | 2019 | -2.0 % | -3.7 % | View data | |
| 27 |
#27
Lithuania
|
42.60 | 2019 | -4.9 % | +12.1 % | View data | |
| 28 |
#28
Latvia
|
36.70 | 2019 | +23.1 % | +7.3 % | View data | |
| 29 |
#29
Bosnia and Herzegovina
|
32.60 | 2019 | -8.7 % | +10.3 % | View data | |