Latvia is ranked 19 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Latvia remained unchanged at 19 in 2019 from 19 in 2018. Ease of Doing Business in Latvia averaged 22.25 from 2008 until 2019, reaching an all time high of 31.00 in 2010 and a record low of 14.00 in 2016. source: World Bank



Related Last Previous Unit Reference
Business Confidence -3.30 -8.70 points Jan 2026
Capacity Utilization 74.70 74.00 percent Dec 2025
Car Registrations 1438.00 1721.00 Units Dec 2025
Changes in Inventories -24576.00 388528.00 EUR Thousand Sep 2025
Corruption Index 59.00 60.00 Points Dec 2024
Corruption Rank 38.00 36.00 Dec 2024
Electricity Production 491.00 337.00 Gigawatt-hour Nov 2025
Industrial Production YoY 6.90 8.80 percent Nov 2025
Industrial Production MoM -0.60 1.40 percent Nov 2025
Manufacturing Production 8.90 9.50 percent Nov 2025
Mining Production -25.90 -16.10 percent Nov 2025
Natural Gas Stocks Capacity 24.87 24.87 TWh Jan 2026
Natural Gas Stocks Injection 0.00 0.00 GWh/d Jan 2026
Natural Gas Stocks Inventory 7.37 7.51 TWh Jan 2026
Natural Gas Stocks Withdrawal 143.60 142.10 GWh/d Jan 2026


Ease of Doing Business in Latvia
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.
Actual Previous Highest Lowest Dates Unit Frequency
19.00 19.00 31.00 14.00 2008 - 2019 Yearly