The data from 2023 shows Italy leading in high-growth enterprises in support activities for transportation, closely followed by Hungary, with noticeable year-on-year growth. Notably, Hungary and Portugal experienced significant growth at 14.64% and 8.77%, respectively. Conversely, Latvia faced the largest decrease at -20.1%, reflecting potential challenges. The five-year CAGR highlights stable growth patterns with diverse country-specific trends.
Future trends to watch in Europe's support activities for transportation sector include potential expansion in Hungary and Portugal if current dynamics persist. Meanwhile, Latvia may require strategic interventions to reverse its downtrend. A continuous focus on innovation and policy support could stimulate growth across these enterprises.
Top countries in Number of High Growth Enterprises in Support Activities for Transportation Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.32 | 2023 | +4.61% | -1.84% | View data |
| 2 | 2 Hungary | 16.3 | 2023 | +16.67% | +14.64% | View data |
| 3 | 3 Lithuania | 10.89 | 2023 | +5.65% | -1.74% | View data |
| 4 | 4 Portugal | 8.48 | 2023 | +18.6% | +8.77% | View data |
| 5 | 5 Czech Republic | 6.4 | 2023 | +2.67% | +1.64% | View data |
| 6 | 6 Romania | 5.49 | 2023 | +15.79% | +4.1% | View data |
| 7 | 7 Slovakia | 2.25 | 2023 | +8% | -3.93% | View data |
| 8 | 8 Norway | 2.16 | 2023 | +8.33% | +2.48% | View data |
| 9 | 9 Latvia | 1.16 | 2023 | -39.13% | -20.1% | View data |
| 10 | 10 Iceland | 0.33 | 2023 | 0% | -4.36% | View data |
