In 2024, Lithuania leads the European Manufacturing Production Index, surpassing Poland and Denmark. While many countries show positive growth over two years, significant contributors have been Lithuania, Poland, and Denmark. However, traditional strongholds like Germany and France experience a slight decline. Romania, Macedonia, and Malta also observe negative growth in production indices. Over a five-year period, the Compound Annual Growth Rate highlights steady, though modest, growth for most countries.
Future trends to watch include:
- Potential shifts in manufacturing focus post-Brexit across Europe.
- The impact of digital and green transitions on production efficiency.
- Geopolitical tensions potentially altering supply chains in Eastern Europe.
- Technological advancements influencing competitive dynamics in manufacturing.
Top countries in Manufacturing Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 155 | 2022 | +7.86% | +7.04% | View data |
| 2 | 2 Poland | 154.5 | 2022 | +10.75% | +6.55% | View data |
| 3 | 3 Denmark | 143 | 2022 | +16.26% | +5.74% | View data |
| 4 | 4 Slovenia | 140.7 | 2022 | +3.91% | +3.85% | View data |
| 5 | 5 Cyprus | 139.3 | 2022 | +1.24% | +2.87% | View data |
| 6 | 6 Switzerland | 135.9 | 2022 | +7.94% | +4.8% | View data |
| 7 | 7 Bulgaria | 132.3 | 2022 | +12.98% | +3.72% | View data |
| 8 | 8 Latvia | 130.1 | 2022 | +2.52% | +2.75% | View data |
| 9 | 9 Estonia | 129 | 2022 | -2.93% | +3.95% | View data |
| 10 | 10 Hungary | 126.4 | 2022 | +6.13% | +3.47% | View data |