Italy leads in young high-growth enterprises within the Buildings and Landscape Services sector, with a share of 66.73 enterprises. In 2023, Italy experienced a growth of 5.77%, indicating strong momentum. Other notable growth is observed in Portugal at 5.29%, and Slovakia with a 10.76% rise. Norway shows significant progress with a remarkable 43.1% increase. Conversely, Romania and the Czech Republic faced declines of 1.59% and 1.89%, respectively. Iceland's presence remains consistent, showing no change.
Looking ahead, stakeholders should monitor the sustainability of Italy's leading position and potential shifts from rapid growth in countries like Norway. Emerging markets, such as Slovakia and Portugal, could see further growth given their recent positive trajectories.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Buildings and Landscape Services Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 66.73 | 2023 | +9.3% | +5.77% | View data |
| 2 | 2 Hungary | 12.07 | 2023 | +3.03% | +1.22% | View data |
| 3 | 3 Portugal | 7.81 | 2023 | +10% | +5.29% | View data |
| 4 | 4 Lithuania | 4.97 | 2023 | +16.67% | +1.49% | View data |
| 5 | 5 Romania | 4.26 | 2023 | +20% | -1.59% | View data |
| 6 | 6 Czech Republic | 3.55 | 2023 | +11.11% | -1.89% | View data |
| 7 | 7 Norway | 2.13 | 2023 | +20% | +43.1% | View data |
| 8 | 8 Slovakia | 1.77 | 2023 | +25% | +10.76% | View data |
| 9 | 9 Iceland | 0.71 | 2023 | 0% | View data |
