In 2023, Italy led the European transportation and storage sector with 63.09% of young high-growth enterprises, experiencing an 11.97% YoY increase. Hungary followed with a notable 16.33% increase to 11.87%, while Romania maintained a steady growth at 7.75% with a 0.32% rise. Lithuania and the Czech Republic saw declines of 3.9% and 3.99%, reaching 6.06% and 3.75%, respectively. Slovakia and Portugal experienced modest growth of 2.21% and 5.21% to 3.51% each. Latvia and Iceland remained unchanged, while Norway's share slightly rose by 14.87% to 0.24%.
Looking ahead, watch for:
- Potential shifts due to digitalization in transportation.
- Impact of green policies on enterprise growth.
- Economic factors influencing regional enterprise disparity.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Transportation and Storage Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 63.09 | 2023 | +18.41% | +11.97% | View data |
| 2 | 2 Hungary | 11.87 | 2023 | +15.29% | +16.33% | View data |
| 3 | 3 Romania | 7.75 | 2023 | +14.29% | +0.32% | View data |
| 4 | 4 Lithuania | 6.06 | 2023 | +4.17% | -3.9% | View data |
| 5 | 5 Czech Republic | 3.75 | 2023 | 0% | -3.99% | View data |
| 6 | 6 Slovakia | 3.51 | 2023 | +3.57% | +2.21% | View data |
| 7 | 7 Portugal | 3.51 | 2023 | +7.41% | +5.21% | View data |
| 8 | 8 Latvia | 0.73 | 2023 | +20% | 0% | View data |
| 9 | 9 Norway | 0.24 | 2023 | 0% | +14.87% | View data |
| 10 | 10 Iceland | 0.12 | 2023 | 0% | View data |
