Latvia - Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services
Since 2014, Latvia Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services was down by 7points year on year. With 5.2 Percent in 2019, the country was number 3 among other countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services. Latvia is overtaken by Hungary, which was number 2 with 5.38 Percent and is followed by Lithuania at 4.35 Percent. Estonia lead the ranking with 6.14 Percent in 2015, that is -7.4points versus 2014. Romania recorded the best 5 years average growth at +39.2points per year, while Latvia witnessed the worst performance at -7points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.20 |
| 2018 | 5.00 |
| 2017 | 3.27 |
| 2016 | 7.67 |
| 2015 | 7.93 |
How does Latvia rank in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services?
| # | 11 Countries | Percent | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Estonia
|
6.14 % | 2015 | -7.4 % | NA | View data |
| 2 |
#2
Hungary
|
5.38 % | 2019 | +4.5 % | +18.9 % | View data |
| 3 |
#3
Latvia
|
5.20 % | 2019 | +4.0 % | -7.0 % | View data |
| 4 |
#4
Lithuania
|
4.35 % | 2017 | +12.7 % | -2.6 % | View data |
| 5 |
#5
Iceland
|
3.57 % | 2017 | -13.8 % | NA | View data |