Latvia - Share of High Growth Enterprises in the Population of Active Enterprises in Scientific Research and Development Activities
Since 2014, Latvia Share of High Growth Enterprises in the Population of Active Enterprises in Scientific Research and Development Activities was down by 27points year on year. In 2019, the country was number 9 comparing other countries in Share of High Growth Enterprises in the Population of Active Enterprises in Scientific Research and Development Activities at 15.05 Percent. Latvia is overtaken by Italy, which was number 8 with 20.15 Percent and is followed by Norway at 7.45 Percent. Estonia lead the ranking with 52.17 Percent in 2015, that is a fall of 14.3points versus 2014. Iceland, Lithuania and Hungary respectively ranked number 2, 3 and 4 in this ranking. Portugal recorded the best 5 years average growth at +7points per year, while Latvia recorded the worst performance at -27points per year.
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| Date | Percent |
|---|---|
| 2019 | 15.05 |
| 2018 | 18.07 |
| 2017 | 7.69 |
| 2016 | 45.45 |
| 2015 | 66.67 |
How does Latvia rank in Share of High Growth Enterprises in the Population of Active Enterprises in Scientific Research and Development Activities?
| # | 11 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Estonia
|
52.17 % | 2015 | -14.3 % | NA | View data | |
| 2 |
#2
Iceland
|
50.34 % | 2019 | +2.2 % | -2.5 % | View data | |
| 8 |
#8
Italy
|
20.15 % | 2019 | -4.4 % | -9.3 % | View data | |
| 9 |
#9
Latvia
|
15.05 % | 2019 | -16.7 % | -27.0 % | View data | |
| 10 |
#10
Norway
|
7.45 % | 2019 | -13.0 % | -11.9 % | View data | |