Ease of Doing Business in Latvia

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 2018 from 19 in 2017. Ease of Doing Business in Latvia averaged 22.55 from 2008 until 2018, reaching an all time high of 31 in 2010 and a record low of 14 in 2016.

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Latvia Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	0.30	1.30	12.50	-44.70	Index Points	[+]
Industrial Production	4.40	2.00	23.20	-26.70	percent	[+]
Industrial Production Mom	1.60	2.30	5.00	-8.70	percent	[+]
Manufacturing Production	0.80	2.10	27.70	-31.20	percent	[+]
Capacity Utilization	75.90	76.90	77.40	43.70	percent	[+]
Car Registrations	5095.00	4473.00	9388.00	1070.00		[+]
Internet Speed	16580.44	17189.85	18326.11	3101.80	KBps	[+]
IP Addresses	878525.00	831199.00	878525.00	273180.00	IP	[+]
Mining Production	-10.20	-3.20	124.40	-35.60	percent	[+]
Changes In Inventories	-71994.00	-38202.00	527499.00	-214170.00	EUR Thousand	[+]
Competitiveness Index	66.25	64.80	66.25	4.05	Points	[+]
Competitiveness Rank	42.00	42.00	70.00	42.00		[+]
Ease of Doing Business	19.00	19.00	31.00	14.00		[+]
Electricity Production	423.00	433.00	995.00	159.00	Gigawatt-hour	[+]
Corruption Index	58.00	58.00	58.00	27.00	Points	[+]
Corruption Rank	41.00	40.00	71.00	40.00		[+]

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. This page includes a chart with historical data for Ease of Doing Business in Latvia. Ease of Doing Business in Latvia - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	19.00	19.00	31.00	14.00	2008 - 2018		Yearly

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Country	Last		Previous	Range
Singapore	2.00	Dec/18	2	3 : 1
South Korea	5.00	Dec/18	4	23 : 4
United States	8.00	Dec/18	6	8 : 4
United Kingdom	9.00	Dec/18	7	11 : 5
Australia	18.00	Dec/18	14	18 : 9
Canada	22.00	Dec/18	18	22 : 8
Germany	24.00	Dec/18	20	27 : 14
Spain	30.00	Dec/18	28	62 : 28
Russia	31.00	Dec/18	35	124 : 31
France	32.00	Dec/18	31	38 : 26
Netherlands	36.00	Dec/18	32	36 : 25
Switzerland	38.00	Dec/18	33	38 : 19
Japan	39.00	Dec/18	34	39 : 13
Turkey	43.00	Dec/18	60	73 : 43
China	46.00	Dec/18	78	99 : 46
Italy	51.00	Dec/18	46	87 : 44
Mexico	54.00	Dec/18	49	55 : 42
Indonesia	73.00	Dec/18	72	129 : 72
India	77.00	Dec/18	100	139 : 77
South Africa	82.00	Dec/18	82	82 : 32
Saudi Arabia	92.00	Dec/18	92	96 : 10
Brazil	109.00	Dec/18	125	129 : 109
Argentina	119.00	Dec/18	117	124 : 112