Latvia vs Luxembourg: Business registration and bankruptcy index by NACE Rev. 2 activity
Latvia
116.3 Index, 2021=100
in 2025
Luxembourg
123.8 Index, 2021=100
in 2025
Latvia rank
11th
Luxembourg rank
9th
Business registration and bankruptcy index by NACE Rev. 2 activity over time
- Latvia
- Luxembourg
How they compare
Luxembourg currently reports 123.8 Index, 2021=100 against 116.3 Index, 2021=100 in Latvia, a difference of 7.5 Index, 2021=100.
That makes Luxembourg's figure about 1.1 times Latvia's.
The two have swapped places 5 times across 11 shared years of data; in 2015 it was Latvia ahead.
Latvia ranks 11th and Luxembourg ranks 9th of 42 countries.
Across the 2 decades both report, Latvia averaged higher in 1 and Luxembourg in 1.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 121.62 Index, 2021=100 | 93.5 Index, 2021=100 | 28.12 Index, 2021=100 | Latvia |
| 2020s | 101.53 Index, 2021=100 | 101.72 Index, 2021=100 | 0.1833 Index, 2021=100 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher business registration and bankruptcy index by nace rev. 2 activity, Latvia or Luxembourg?
- Luxembourg, at 123.8 Index, 2021=100 against 116.3 Index, 2021=100 in Latvia as of 2025.
- What is the difference in business registration and bankruptcy index by nace rev. 2 activity between Latvia and Luxembourg?
- 7.5 Index, 2021=100, with Luxembourg ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 11 years are reported by both, from 2015 to 2025.
- How do Latvia and Luxembourg rank globally for business registration and bankruptcy index by nace rev. 2 activity?
- Latvia ranks 11th and Luxembourg ranks 9th of 42 countries.
- Where does this data come from?
- Eurostat, published as Business registration and bankruptcy index by NACE Rev. 2 activity - annual data. Statizoid refreshes it automatically from the source and publishes the full history for both places.