Latvia - Share of Household Expenditure for Purchase of Vehicles in Total Household Expenditure for Transport
Since 2014, Latvia Share of Household Expenditure for Purchase of Vehicles in Total Household Expenditure for Transport decreased by 1.7points year on year. In 2019, the country was ranked number 35 comparing other countries in Share of Household Expenditure for Purchase of Vehicles in Total Household Expenditure for Transport at 15.47 Percent. Latvia is overtaken by Romania, which was number 34 at 16.49 Percent and is followed by Bulgaria with 13.51 Percent. Canada ranked the highest with 43.54 Percent in 2019, that is stable compared to 2018. Czech Republic, Norway and Ireland respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +11.3points per year, while Russia recorded the worst performance at -3.3points per year.
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| Date | Percent |
|---|---|
| 2019 | 15.47 |
| 2018 | 15.14 |
| 2017 | 16.51 |
| 2016 | 17.21 |
| 2015 | 17.95 |
How does Latvia rank in Share of Household Expenditure for Purchase of Vehicles in Total Household Expenditure for Transport?
| # | 36 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Canada
|
43.54 % | 2019 | +0.0 % | +1.4 % | View data | |
| 2 |
#2
Czech Republic
|
38.63 % | 2019 | -2.9 % | +4.8 % | View data | |
| 34 |
#34
Romania
|
16.49 % | 2019 | +0.0 % | -1.5 % | View data | |
| 35 |
#35
Latvia
|
15.47 % | 2019 | +2.2 % | -1.6 % | View data | |
| 36 |
#36
Bulgaria
|
13.51 % | 2019 | +4.0 % | +2.4 % | View data | |