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
Source: Eurostat. Measured in Number.
Analysis
In 2020, business demography by size class and other typologies in Latvia stood at 70,976 Number. That is the lowest value across all 5 years on record.
That represents a change of 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
| 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% |
Latvia compared with similar countries
- Latvia's 70,976 Number is below the median for Europe & Central Asia, which is 187,738 Number, 38% of the median. (18 countries reporting)
- Latvia's 70,976 Number is below the median for high income countries, which is 187,738 Number, 38% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
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.
Download this data
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