The economy of Latvia is an open economy in Europe and is part of the European Single Market. Latvia is a member of the World Trade Organization (WTO) since ...

Agriculture and fishing. About one-third of agricultural land in Latvia is used for crop cultivation, and about one-tenth is dedicated to pasture for livestock.

Latvia's economic freedom score is 71.5, making its economy the 20th freest in the 2024 Index of Economic Freedom. Its rating has decreased by 1.3 points ...

The Latvian economy is driven by the services sector which contributes 61.7% of GDP and employs 70% of the active population. Thanks to its attractive fiscal ...

The snapshot offers a concise summary of Latvia's economic trends and prospects, drawing from the OECD Economic Survey, Economic Outlook, and Economic Policy ...

Latvia's economy in numbers: Nominal GDP of USD 40.9 billion in 2022. Nominal GDP of USD 42.2 billion in 2023. GDP per capita of USD 22,435 compared to the ...

15 мая 2024 г. · The economy is forecast to pick up further in 2025, with GDP growth reaching 2.6%. A decline in energy prices and a broad-based slowdown in ...

GDP in Latvia averaged 19.44 USD Billion from 1987 until 2023, reaching an all time high of 43.63 USD Billion in 2023 and a record low of 4.50 USD Billion in ...

Latvia's economy is set for a moderate rebound in 2024, supported by falling inflation and a return in external demand.

Latvia's Exports rank is higher than 58.56% of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a ...