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
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.
Compared with earlier readings it is 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
| 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% |
Latvia compared with similar countries
- Latvia's 104.6 Index, 2021=100 is below the median for Europe & Central Asia, which is 107.1 Index, 2021=100, 98% of the median. (12 countries reporting)
- Latvia's 104.6 Index, 2021=100 is above the median for high income countries, which is 104.6 Index, 2021=100, 1.0× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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.
Download this data
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