In 2023, Lithuania led Europe with a remarkable 63.44% share of high growth enterprises within the building and landscape services sector, indicating a strong trend of enterprise vitality. Hungary followed with 61.68%, while the Czech Republic and Portugal showed moderate levels at 43.46% and 38.32%, respectively. Conversely, Norway's share was significantly lower, at just 8.78%, reflecting a less dynamic enterprise environment. Over the last two years, year-on-year growth was either unchanged or reported inaccurately, making it difficult to ascertain short-term trends. The five-year CAGR suggests modest growth across the region.
Future trends to watch for include:
- Potential policy and economic shifts impacting enterprise growth, especially in countries with lower growth shares like Norway and Romania.
- The impact of green and digital transformation initiatives, likely to influence the building and landscape services sector significantly.
- The role of access to finance and innovation support in maintaining high growth enterprise shares.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Buildings and Landscape Services by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 63.44 | 2023 | View data |
| 2 | 2 Hungary | 61.68 | 2023 | View data |
| 3 | 3 Czech Republic | 43.46 | 2023 | View data |
| 4 | 4 Portugal | 38.32 | 2023 | View data |
| 5 | 5 Iceland | 33.53 | 2023 | View data |
| 6 | 6 Slovakia | 22.32 | 2023 | View data |
| 7 | 7 Italy | 21.3 | 2023 | View data |
| 8 | 8 Latvia | 17.69 | 2023 | View data |
| 9 | 9 Romania | 16.61 | 2023 | View data |
| 10 | 10 Norway | 8.78 | 2023 | View data |
