Latvia - Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Manufacturing

Since 2014, Latvia Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Manufacturing decreased by 13.5points year on year. In 2019, the country was ranked number 3 comparing other countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Manufacturing with 2.34 Percent. Latvia is overtaken by Lithuania, which was ranked number 2 with 2.61 Percent and is followed by Hungary at 1.55 Percent. Estonia topped the ranking with 4.04 Percent in 2015, that is -8.4points versus 2014. Romania recorded the best 5 years average growth at +17.1points per year, while Latvia recorded the worst performance at -13.5points per year.

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Date Percent
2019 2.34
2018 2.29
2017 1.75
2016 2.90
2015 3.78
Download all data from 2013 to 2019

How does Latvia rank in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Manufacturing?

# 11 Countries Percent Last YoY 5‑years CAGR
1 #1
Estonia
4.04 % 2015 -8.4 % NA View data
2 #2
Lithuania
2.61 % 2017 -19.2 % -5.2 % View data
3 #3
Latvia
2.34 % 2019 +2.2 % -13.5 % View data
4 #4
Hungary
1.55 % 2019 +1.3 % +7.9 % View data
5 #5
Portugal
1.53 % 2019 +0.7 % +3.6 % View data
Compare all 11 countries

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