Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia

Latvia: Business registration and bankruptcy index by NACE Rev. 2 activity was 104.6 Index, 2021=100 in 2026. ▼ Falling

Latest (2026)
104.6 Index, 2021=100
Change on year
up 2.5%
World rank
9th
of 17 countries
All-time high
136.1 Index, 2021=100
in 2015
All-time low
75.1 Index, 2021=100
in 2023
Years of data
12
2015–2026

Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia, 2015–2026

0501001502015202020262015: 136.1 Index, 2021=1002016: 97.5 Index, 2021=1002017: 107.8 Index, 2021=1002018: 91.1 Index, 2021=1002019: 97.6 Index, 2021=1002020: 88.7 Index, 2021=1002021: 94.6 Index, 2021=1002022: 88.3 Index, 2021=1002023: 75.1 Index, 2021=1002024: 84.3 Index, 2021=1002025: 102 Index, 2021=1002026: 104.6 Index, 2021=100

Source: Eurostat. Measured in Index, 2021=100.

Analysis

In 2026, business registration and bankruptcy index by nace rev. 2 activity in Latvia stood at 104.6 Index, 2021=100.

That represents a change of up 2.5% on the previous year and up 7.3% over ten years.

Over the whole period, business registration and bankruptcy index by nace rev. 2 activity in Latvia peaked at 136.1 Index, 2021=100 in 2015 and was at its lowest, 75.1 Index, 2021=100, in 2023.

The long-run direction has been consistently falling across the 12 years of available data.

Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia, year by year

Annual values for Business registration and bankruptcy index by NACE Rev. 2 activity - monthly data in Latvia, 2015 to 2026.
Year Index, 2021=100 Change
2015 136.1 Index, 2021=100
2016 97.5 Index, 2021=100 -28.4%
2017 107.8 Index, 2021=100 +10.6%
2018 91.1 Index, 2021=100 -15.5%
2019 97.6 Index, 2021=100 +7.1%
2020 88.7 Index, 2021=100 -9.1%
2021 94.6 Index, 2021=100 +6.7%
2022 88.3 Index, 2021=100 -6.7%
2023 75.1 Index, 2021=100 -14.9%
2024 84.3 Index, 2021=100 +12.3%
2025 102 Index, 2021=100 +21.0%
2026 104.6 Index, 2021=100 +2.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 106.02 Index, 2021=100 91.1 Index, 2021=100 136.1 Index, 2021=100 5
2020s 91.09 Index, 2021=100 75.1 Index, 2021=100 104.6 Index, 2021=100 7

Countries ranked near Latvia

  1. 6 Portugal 110.2 Index, 2021=100 compare
  2. 7 Slovenia 109.6 Index, 2021=100 compare
  3. 7 Slovenia 109.6 Index, 2021=100 compare
  4. 9 Latvia 104.6 Index, 2021=100 compare
  5. 11 Malta 97.4 Index, 2021=100 compare
  6. 12 Poland 93.7 Index, 2021=100 compare
  7. 12 Poland 93.7 Index, 2021=100 compare

See the full ranking of 21 places →

More economy & growth data for Latvia

All data for Latvia →

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 104.6 Index, 2021=100 in 2026, 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 136.1 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 75.1 Index, 2021=100 in 2023.
How does Latvia rank for business registration and bankruptcy index by nace rev. 2 activity?
Latvia ranks 9th out of 17 countries with data for 2026.
Is business registration and bankruptcy index by nace rev. 2 activity rising or falling in Latvia?
Over the last ten years it is up 7.3%. 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 - monthly data. Statizoid updates them automatically from the source API.

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Business registration and bankruptcy index by NACE Rev. 2 activity in Latvia. Statizoid, drawing on Eurostat. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/business-registration-and-bankruptcy-index-by-nace-rev-2-activity-monthly-data/latvia-2/

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About this data

Indicator
Business registration and bankruptcy index by NACE Rev. 2 activity - monthly data
Unit
Index, 2021=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
21 places, 244 data points, 2015–2026
Last refreshed