Economy of Latvia - Wikipedia
WEBLatvia's economy has had rapid GDP growth of more than 10% per year during 2006–07, but entered a severe recession in 2009 as a result of an unsustainable current account deficit, collapse of the real estate market, and large debt exposure amid the softening world economy.
The city of Riga's economic profile 2022 has been published
WEBThe Latvian economy and business are dominated by the capital. 76.3% of all economically active companies in Latvia operating in Riga. Services (179,091 employees), wholesale and retail trade (85,618 employees are the most popular business sectors in the capital in terms of employee numbers.
GDP has grown by 4.8 % in 2021 and by 3.5 % in the 4th quarter
WEBFeb 28, 2022 · GDP has grown by 4.8 % in 2021 and by 3.5 % in the 4th quarter. Data compiled by the Central Statistical Bureau (CSB) show that in 2021, as compared to 2020, Gross Domestic Product (GDP) increased by 4.8 %. Last year, GDP at current prices amounted to EUR 32.9 billion.
Gross domestic product and value added – annual data
WEB28.12.2023. 52.9 % of GDP of Latvia in 2021 is attributable to Riga. 29.09.2023. CSB publishes a detailed GDP estimate for 2021. ESA 2010.
Report on Economic Development of Latvia | Ekonomikas …
WEBFeb 22, 2023 · If the advantages of Latvian economic competitiveness are mainly based on technological factors, improvement of production efficiency, and innovation, and to a lesser extent on cheap labour and low resource prices, Latvia’s growth rates could potentially reach 4-5% per year in the medium term.
More than half of Latvia's GDP comes from Rīga / Article
WEBDec 28, 2023 · In 2021 the GDP of Latvia at current prices was EUR 33.3 billion. 52.9 % (EUR 17.6 billion) of GDP was attributable to Riga, which was followed by Pierīga (the area around the capital) with 15.9 % (EUR 5.3 billion), which together account for more than two thirds (68.8 %) of the GDP of Latvia.
WEBWith a population of 1.2 million, this metropolis is a business hub with rapid growth in GBS, ICT, manufacturing companies (including electronics, biomedical, pharmaceutical and metalworking), start-ups, real estate and other industries.
Macroeconomic Review of Latvia | Ekonomikas ministrija - EM
WEBLatvia's economic advantages in the medium term will mainly be based on the achieved macroeconomic stability, as a result of which Latvia's credit ratings have improved, as well as on the efficiency of the planned EU support programs and improvements in the business environment.
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RIGA
WEBTHE ECONOMIC PROFILE OF THE CITY OF RIGA. CONTENT. PEOPLE 1 FINANCES 2 ENVIRONMENT 3 PRIDE 4 FUTURE 5 RIGA IN NUMBERS 6. WHY INVEST IN RIGA? Riga and its surroundings is the 3rd largest metropolis in Northern Europe.
52.9 % of GDP of Latvia in 2021 is attributable to Riga
WEBDec 28, 2023 · According to the Central Statistical Bureau (CSB) data on the GDP by regions, in 2021 GDP of Latvia at current prices was EUR 33.3 billion. 52.9 % (EUR 17.6 billion) of GDP of Latvia is attributable to the capital Riga, which was followed by Pierīga with 15.9 % (EUR 5.3 billion), covering two thirds (68.8 …