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

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

  1. In 2017, Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation Services in Lithuania increased 42.7points compared to a year earlier.
  2. Since 2014 Lithuania Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation Services grew 22.9points year on year totalising 3.01 Percent.
  3. In 2019 Czech Republic was number 6 in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation Services.
  4. In 2019 Latvia was ranked number 1 in Share of Young High Growth Enterprises (Gazelles) in the Population of Active Enterprises in Accommodation Services reaching 4.27 Percent, from 2 in 2018.

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

# 10 Countries Percent Last YoY 5‑years CAGR
1 #1
Latvia
4.27 % 2019 +4.4 % -10.7 % View data
2 #2
Iceland
3.85 % 2017 -32.3 % NA View data
3 #3
Hungary
3.04 % 2019 +4.5 % +1.5 % View data
4 #4
Lithuania
3.01 % 2017 +42.6 % +22.9 % View data
5 #5
Slovakia
2.12 % 2019 +1.4 % +6.7 % View data
6 #6
Czech Republic
2.03 % 2019 +0.0 % +9.8 % View data
7 #7
Portugal
1.89 % 2019 +6.2 % +15.2 % View data
8 #8
Italy
1.14 % 2019 +1.8 % +7.6 % View data
9 #9
Romania
1.03 % 2019 +4.0 % +59.4 % View data
10 #10
Estonia
0.90 % 2015 -9.1 % NA View data

Source: European Commission

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