Latvia - Metal Forming Machinery and Machine Tools Hours Worked
Since 2014, Latvia Metal Forming Machinery and Machine Tools Hours Worked fell by 1.6% year on year. In 2019, the country was ranked number 22 among other countries in Metal Forming Machinery and Machine Tools Hours Worked with 406,185 Hours. Latvia is overtaken by Bosnia and Herzegovina, which was number 21 at 411,303 Hours and is followed by Estonia with 283,000 Hours. Germany ranked the highest with 192,323,870.44 Hours in 2019, that is a decrease of 2.4% versus 2018. Italy, Czech Republic and Spain respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +8.2% per year, while Bosnia and Herzegovina witnessed the worst performance at -10.8% per year.
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| Date | Hours |
|---|---|
| 2019 | 406,185.00 |
| 2018 | 418,927.00 |
| 2017 | 444,388.00 |
| 2016 | 426,972.00 |
| 2015 | 539,868.00 |
How does Latvia rank in Metal Forming Machinery and Machine Tools Hours Worked?
| # | 23 Countries | Hours | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
192,323,870.44 | 2019 | -2.4 % | +2.3 % | View data | |
| 2 |
#2
Italy
|
65,133,671.21 | 2019 | -2.3 % | +2.7 % | View data | |
| 21 |
#21
Bosnia and Herzegovina
|
411,303.00 | 2019 | -5.7 % | -10.8 % | View data | |
| 22 |
#22
Latvia
|
406,185.00 | 2019 | -3.0 % | -1.6 % | View data | |
| 23 |
#23
Estonia
|
283,000.00 | 2015 | NA | +8.2 % | View data | |