European Rental and Leasing Services Production Index by Country

Latvia leads in the European Rental and Leasing Services Production Index at 29.92, showcasing significant growth over previous years. Romania and Bulgaria follow, implying robust expansion in these markets as well. Germany and Hungary, although major European economies, trail with moderate index values. Overall, some countries like Slovenia experienced a downturn going into 2023. Year-over-year, Latvia had substantial growth with a 23.25% increase from 2022, while Slovenia experienced a decline. Notable is the consistent positive growth across the majority of the countries over the last few years.

Future trends to watch include the potential impact of digitalization on rental services, economic recovery from the pandemic, and regulatory changes affecting leasing across Europe. Emerging markets could witness further growth driven by increased consumer demand and industrial expansion.