Business demography by size class and other typologies in Latvia

Latvia: Business demography by size class and other typologies was 70,976 Number in 2020. ▼ Falling

Latest (2020)
70,976 Number
Change on year
down 0.4%
World rank
22nd
of 25 countries
All-time high
74,836 Number
in 2016
All-time low
70,976 Number
in 2020
Years of data
5
2016–2020

Business demography by size class and other typologies in Latvia, 2016–2020

020.0k40.0k60.0k80.0k2016201820202016: 74.8k Number2017: 73.0k Number2018: 72.0k Number2019: 71.3k Number2020: 71.0k Number

Source: Eurostat. Measured in Number.

Analysis

Latvia recorded 70,976 Number for business demography by size class and other typologies in 2020. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 0.4% on the previous year and down 5.2% over five years.

That places Latvia 22nd out of 25 countries with data for 2020, putting it in the bottom quarter.

Business demography by size class and other typologies in Latvia, year by year

Annual values for Business demography by size class and other typologies (2008-2020) in Latvia, 2016 to 2020.
Year Number Change
2016 74,836 Number —
2017 73,048 Number -2.4%
2018 72,034 Number -1.4%
2019 71,257 Number -1.1%
2020 70,976 Number -0.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 72,794 Number 71,257 Number 74,836 Number 4
2020s 70,976 Number 70,976 Number 70,976 Number 1

Countries ranked near Latvia

  1. 19 Denmark 75,560 Number compare
  2. 20 Estonia 73,824 Number compare
  3. 20 Estonia 73,824 Number compare
  4. 22 Latvia 70,976 Number compare
  5. 24 Croatia 58,978 Number compare
  6. 24 Croatia 58,978 Number compare

See the full ranking of 25 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is business demography by size class and other typologies in Latvia?
Business demography by size class and other typologies in Latvia was 70,976 Number in 2020, according to Eurostat.
What is the highest business demography by size class and other typologies recorded in Latvia?
The highest recorded value was 74,836 Number in 2016.
What is the lowest business demography by size class and other typologies recorded in Latvia?
The lowest recorded value was 70,976 Number in 2020.
How does Latvia rank for business demography by size class and other typologies?
Latvia ranks 22nd out of 25 countries with data for 2020.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Business demography by size class and other typologies (2008-2020). Statizoid updates them automatically from the source API.

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Business demography by size class and other typologies in Latvia. Statizoid, drawing on Eurostat. Retrieved 28 September 2026, from https://economy.statizoid.com/stat/business-demography-by-size-class-and-other-typologies-2008-2020/latvia-2/

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About this data

Indicator
Business demography by size class and other typologies (2008-2020)
Unit
Number
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
25 places, 249 data points, 2008–2020
Last refreshed