Latvia - Production Value of Renting, Leasing of Construction and Civil Engineering Machinery and Equipment
Since 2014, Latvia Production Value of Renting, Leasing of Construction and Civil Engineering Machinery and Equipment rose 4.2% year on year. In 2019, the country was number 18 among other countries in Production Value of Renting, Leasing of Construction and Civil Engineering Machinery and Equipment at €101.5 Million. Latvia is overtaken by Lithuania, which was number 17 with €117.3 Million and is followed by Portugal with €86 Million. United Kingdom topped the ranking with €6,658.6 Million in 2019, a growth of 0.4% compared to 2018. Germany, France and Sweden respectively ranked number 2, 3 and 4 in this ranking. Luxembourg recorded the best 5 years average growth at +34.4% per year, while Macedonia recorded the worst performance at -12.9% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 101.50 |
| 2018 | 109.80 |
| 2017 | 80.80 |
| 2016 | 65.60 |
| 2015 | 72.00 |
How does Latvia rank in Production Value of Renting, Leasing of Construction and Civil Engineering Machinery and Equipment?
| # | 29 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
6,658.60 | 2019 | +0.4 % | +1.8 % | View data | |
| 2 |
#2
Germany
|
4,612.50 | 2019 | -4.7 % | +11.2 % | View data | |
| 17 |
#17
Lithuania
|
117.30 | 2019 | -2.8 % | +10.9 % | View data | |
| 18 |
#18
Latvia
|
101.50 | 2019 | -7.6 % | +4.2 % | View data | |
| 19 |
#19
Portugal
|
86.00 | 2019 | -9.8 % | +2.2 % | View data | |