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 -0.50 -3.30 points Feb 2026
Capacity Utilization 74.30 74.70 percent Mar 2026
Car Registrations 1510.00 1438.00 Units Jan 2026
Changes in Inventories 390317.00 -23405.00 EUR Thousand Dec 2025
Corruption Index 60.00 59.00 Points Dec 2025
Corruption Rank 37.00 38.00 Dec 2025
Electricity Production 771.00 532.00 Gigawatt-hour Jan 2026
Industrial Production YoY 13.20 1.00 percent Jan 2026
Industrial Production MoM 3.20 -0.80 percent Jan 2026
Manufacturing Production 1.30 0.20 percent Jan 2026
Mining Production -30.80 -18.70 percent Jan 2026
Natural Gas Stocks Capacity 24.87 24.87 TWh Mar 2026
Natural Gas Stocks Injection 51.39 44.95 GWh/d Mar 2026
Natural Gas Stocks Inventory 5.25 5.20 TWh Mar 2026
Natural Gas Stocks Withdrawal 0.00 0.00 GWh/d Mar 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