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Economies

Latvia

LVA ISO2 LV country Europe & Central Asia High income
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1340 indicators

Environment & energy 167
Finance 42
Geoeconomics 26
Knowledge 8
Macro 489
People 7
Regions & maps 35

Average size of three-year old enterprises: number of persons employed in the reference period (t) among enterprises newly born in t-3 having survived to t divided by the number of enterprises in t newly born in t-3 having survived to t - number

3.62

2020 · +1.23 (+51.5%) since 2019

Chart it · Business demography by region and size class (NUTS 3) preview

Employment share of 3 year old enterprises: Number of persons employed in enterprises newly born in t-3 having survived to t, divided by the number of persons employed in the population of active enterprises in t - percentage

4.6

2020 · +0.65 (+16.5%) since 2019

Chart it · Business demography by region and size class (NUTS 3) preview

Employment share of enterprise births: number of persons employed in the reference period (t) among enterprises newly born in t divided by the number of persons employed in t among the stock of enterprises active in t - percentage

2.85

2020 · -0.06 (-2.1%) since 2019

Chart it · Business demography by region and size class (NUTS 3) preview

Employment share of enterprise deaths: number of persons employed in the reference period (t) among enterprise deaths divided by the number of persons employed in t among the stock of active enterprises in t - percentage

2.38

2019 · -0.62 (-20.7%) since 2018

Chart it · Business demography by region and size class (NUTS 3) preview

New enterprise paid employment rate: number of employees in the reference period (t) among enterprises newly born in t divided by the number of persons employed in t among enterprises newly born in t - percentage

50.05

2020 · -9.11 (-15.4%) since 2019

Chart it · Business demography by region and size class (NUTS 3) preview

Three-year old enterprises employment growth rate: number of persons employed in the reference period (t) among enterprises newly born in t-3 having survived to t divided by the number of persons employed in t-3 by the same enterprises, expressed as a percentage growth rate - percentage

82.44

2020 · -3.8 (-4.4%) since 2019

Chart it · Business demography by region and size class (NUTS 3) preview

Society 540
Trade 8
Value chains 18

Trade partners

PartnerIndicator ValueShareYear
World Imports of goods, Cost insurance freight (CIF), US dollar — Annual 26.53B 15.1% 2025
World Exports of goods, Free on board (FOB), US dollar — Annual 22.42B 12.7% 2025
European Union (EU) Imports of goods, Cost insurance freight (CIF), US dollar — Annual 22.25B 12.6% 2025
Advanced Economies Imports of goods, Cost insurance freight (CIF), US dollar — Annual 20.15B 11.4% 2025
Euro Area (EA) Imports of goods, Cost insurance freight (CIF), US dollar — Annual 17.06B 9.7% 2025
Advanced Economies Exports of goods, Free on board (FOB), US dollar — Annual 16.87B 9.6% 2025
European Union (EU) Exports of goods, Free on board (FOB), US dollar — Annual 15.54B 8.8% 2025
Euro Area (EA) Exports of goods, Free on board (FOB), US dollar — Annual 11.85B 6.7% 2025
Emerging Market and Developing Economies Imports of goods, Cost insurance freight (CIF), US dollar — Annual 6.39B 3.6% 2025
EMDEs by Source of Export Earnings: Nonfuel Imports of goods, Cost insurance freight (CIF), US dollar — Annual 6.01B 3.4% 2025
Emerging Market and Developing Economies Exports of goods, Free on board (FOB), US dollar — Annual 5.54B 3.1% 2025
Lithuania Imports of goods, Cost insurance freight (CIF), US dollar — Annual 5.4B 3.1% 2025

Comparable economies

Same World Bank region, or the same income group where no region is recorded.

AlbaniaALB AndorraAND ArmeniaARM AustriaAUT AzerbaijanAZE BelgiumBEL BulgariaBGR Bosnia and HerzegovinaBIH
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