Latvia - Sale of TV Radio Advertising Space or Time on a Fee or Contract Basis Turnover in Advertising Sector
Since 2014, Latvia Sale of TV Radio Advertising Space or Time on a Fee or Contract Basis Turnover in Advertising Sector fell by 5.6% year on year. In 2019, the country was ranked number 17 comparing other countries in Sale of TV Radio Advertising Space or Time on a Fee or Contract Basis Turnover in Advertising Sector with €11.5 Million. Latvia is overtaken by Bulgaria, which was number 16 with €26.6 Million and is followed by Hungary with €9.3 Million. United Kingdom ranked the highest with €5,955.9 Million in 2019, that is +2.9% compared to 2018. Italy, Spain and Germany respectively ranked number 2, 3 and 4 in this ranking. Cyprus recorded the best 5 years average growth at +17.8% per year, while Romania recorded the worst performance at -34.4% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 11.50 |
| 2018 | 12.50 |
| 2017 | 13.40 |
| 2016 | 14.40 |
| 2015 | 16.60 |
How does Latvia rank in Sale of TV Radio Advertising Space or Time on a Fee or Contract Basis Turnover in Advertising Sector?
| # | 20 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
5,955.90 | 2019 | +2.9 % | +8.7 % | View data | |
| 2 |
#2
Italy
|
4,020.80 | 2019 | +4.6 % | +7.9 % | View data | |
| 16 |
#16
Bulgaria
|
26.60 | 2019 | -14.5 % | -9.5 % | View data | |
| 17 |
#17
Latvia
|
11.50 | 2019 | -8.0 % | -5.5 % | View data | |
| 18 |
#18
Hungary
|
9.30 | 2019 | -31.6 % | -25.0 % | View data | |