Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia
Latvia: Business registration and bankruptcy index by NACE Rev. 2 activity was 116.3 Index, 2021=100 in 2025. ▼ Falling
Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia, 2015–2025
Source: Eurostat. Measured in Index, 2021=100.
Analysis
Latvia recorded 116.3 Index, 2021=100 for business registration and bankruptcy index by nace rev. 2 activity in 2025.
That represents a change of up 12.4% on the previous year and down 20.3% over ten years.
Over the whole period, business registration and bankruptcy index by nace rev. 2 activity in Latvia peaked at 146 Index, 2021=100 in 2015 and was at its lowest, 95.9 Index, 2021=100, in 2023.
Latvia ranks 11th of 42 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia, year by year
| Year | Index, 2021=100 | Change |
|---|---|---|
| 2015 | 146 Index, 2021=100 | — |
| 2016 | 120.9 Index, 2021=100 | -17.2% |
| 2017 | 111 Index, 2021=100 | -8.2% |
| 2018 | 116 Index, 2021=100 | +4.5% |
| 2019 | 114.2 Index, 2021=100 | -1.6% |
| 2020 | 97.5 Index, 2021=100 | -14.6% |
| 2021 | 100 Index, 2021=100 | +2.6% |
| 2022 | 96 Index, 2021=100 | -4.0% |
| 2023 | 95.9 Index, 2021=100 | -0.1% |
| 2024 | 103.5 Index, 2021=100 | +7.9% |
| 2025 | 116.3 Index, 2021=100 | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 121.62 Index, 2021=100 | 111 Index, 2021=100 | 146 Index, 2021=100 | 5 |
| 2020s | 101.53 Index, 2021=100 | 95.9 Index, 2021=100 | 116.3 Index, 2021=100 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is business registration and bankruptcy index by nace rev. 2 activity in Latvia?
- Business registration and bankruptcy index by nace rev. 2 activity in Latvia was 116.3 Index, 2021=100 in 2025, according to Eurostat.
- What is the highest business registration and bankruptcy index by nace rev. 2 activity recorded in Latvia?
- The highest recorded value was 146 Index, 2021=100 in 2015.
- What is the lowest business registration and bankruptcy index by nace rev. 2 activity recorded in Latvia?
- The lowest recorded value was 95.9 Index, 2021=100 in 2023.
- How does Latvia rank for business registration and bankruptcy index by nace rev. 2 activity?
- Latvia ranks 11th out of 42 countries with data for 2025.
- Is business registration and bankruptcy index by nace rev. 2 activity rising or falling in Latvia?
- Over the last ten years it is down 20.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Business registration and bankruptcy index by NACE Rev. 2 activity - annual data. Statizoid updates them automatically from the source API.
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