Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services

This key economic indicator for the Hospitality sector has been recently updated.

  1. Lithuania was up 12.7points of Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services in 2017, compared to the previous year.
  2. Since 2014 Hungary Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services jumped by 18.9points year on year close to 5.38 Percent.
  3. In 2019 Portugal was number 7 in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services.
  4. In 2017 Lithuania was number 4 in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services reaching 4.35 Percent, jumping from 5 in 2016.

Top Countries in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation and Food Services

Percent - 2012 to 2019

# 11 Countries Percent Last YoY 5‑years CAGR
1 #1
Estonia
6.14 % 2015 -7.4 % NA View data
2 #2
Hungary
5.38 % 2019 +4.5 % +18.9 % View data
3 #3
Latvia
5.20 % 2019 +4.0 % -7.0 % View data
4 #4
Lithuania
4.35 % 2017 +12.7 % -2.6 % View data
5 #5
Iceland
3.57 % 2017 -13.8 % NA View data
6 #6
Czech Republic
3.16 % 2019 +2.9 % +8.8 % View data
7 #7
Portugal
2.74 % 2019 +5.8 % +18.6 % View data
8 #8
Romania
2.40 % 2019 +6.7 % +39.1 % View data
9 #9
Slovakia
2.03 % 2019 +4.1 % +5.3 % View data
10 #10
Italy
1.10 % 2019 +2.8 % +6.0 % View data
11 #11
Norway
0.16 % 2019 +6.7 % NA View data

Source: European Commission

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