Latvia is the 41 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum
Competitiveness Rank in Latvia averaged 51 from 2007 until 2019, reaching an all time high of 70 in 2011 and a record low of 41 in 2019. This page provides the latest reported value for - Latvia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Competitiveness Rank - values, historical data and charts - was last updated on May of 2021.
Competitiveness Rank in Latvia is expected to reach 42.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Competitiveness Rank is projected to trend around 42.00 in 2021, according to our econometric models.