Latvia - Number of Young High Growth Enterprises (Gazelles) in Manufacturing
Since 2014, Latvia Number of Young High Growth Enterprises (Gazelles) in Manufacturing was down by 13.7% year on year. In 2019, the country was number 9 comparing other countries in Number of Young High Growth Enterprises (Gazelles) in Manufacturing at 43 Enterprises. Latvia is overtaken by Slovakia, which was ranked number 8 with 48 Enterprises and is followed by Iceland with 4 Enterprises. Italy topped the ranking with 425 Enterprises in 2019, that is +1.7% compared to 2018. Portugal, Romania and Czech Republic respectively ranked number 2, 3 and 4 in this ranking. Romania recorded the best 5 years average growth at +16.5% per year, while Latvia recorded the worst performance at -13.7% per year.
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| Date | Units (Enterprises) |
|---|---|
| 2019 | 43.00 |
| 2018 | 42.00 |
| 2017 | 32.00 |
| 2016 | 53.00 |
| 2015 | 68.00 |
How does Latvia rank in Number of Young High Growth Enterprises (Gazelles) in Manufacturing?
| # | 11 Countries | Units (Enterprises) | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Italy
|
425 | 2019 | +1.7 % | +7.1 % | View data | |
| 2 |
#2
Portugal
|
191 | 2019 | +1.6 % | +5.0 % | View data | |
| 8 |
#8
Slovakia
|
48 | 2019 | +0.0 % | +4.2 % | View data | |
| 9 |
#9
Latvia
|
43 | 2019 | +2.4 % | -13.7 % | View data | |
| 10 |
#10
Iceland
|
4 | 2017 | +100.0 % | NA | View data | |