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

Latvia: Business registration and bankruptcy index by NACE Rev. 2 activity was 113.3 Index, 2021=100 in 2026. ▼ Falling

Latest (2026)
113.3 Index, 2021=100
Change on year
down 1.2%
World rank
13th
of 42 countries
All-time high
138.6 Index, 2021=100
in 2015
All-time low
90.9 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: 138.6 Index, 2021=1002016: 106.8 Index, 2021=1002017: 113.3 Index, 2021=1002018: 108.7 Index, 2021=1002019: 107.7 Index, 2021=1002020: 91.1 Index, 2021=1002021: 93.1 Index, 2021=1002022: 97.3 Index, 2021=1002023: 90.9 Index, 2021=1002024: 105.4 Index, 2021=1002025: 114.7 Index, 2021=1002026: 113.3 Index, 2021=100

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

Analysis

Latvia recorded 113.3 Index, 2021=100 for business registration and bankruptcy index by nace rev. 2 activity in 2026.

Compared with earlier readings it is down 1.2% on the previous year and up 6.1% over ten years.

Over the whole period, business registration and bankruptcy index by nace rev. 2 activity in Latvia peaked at 138.6 Index, 2021=100 in 2015 and was at its lowest, 90.9 Index, 2021=100, in 2023.

Latvia ranks 13th of 42 countries on this measure, in the middle of the range.

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 - quarterly data in Latvia, 2015 to 2026.
Year Index, 2021=100 Change
2015 138.6 Index, 2021=100
2016 106.8 Index, 2021=100 -22.9%
2017 113.3 Index, 2021=100 +6.1%
2018 108.7 Index, 2021=100 -4.1%
2019 107.7 Index, 2021=100 -0.9%
2020 91.1 Index, 2021=100 -15.4%
2021 93.1 Index, 2021=100 +2.2%
2022 97.3 Index, 2021=100 +4.5%
2023 90.9 Index, 2021=100 -6.6%
2024 105.4 Index, 2021=100 +16.0%
2025 114.7 Index, 2021=100 +8.8%
2026 113.3 Index, 2021=100 -1.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 115.02 Index, 2021=100 106.8 Index, 2021=100 138.6 Index, 2021=100 5
2020s 100.83 Index, 2021=100 90.9 Index, 2021=100 114.7 Index, 2021=100 7

Countries ranked near Latvia

  1. 10 Portugal 125.2 Index, 2021=100 compare
  2. 11 Finland 117.5 Index, 2021=100 compare
  3. 12 France 117.1 Index, 2021=100 compare
  4. 13 Latvia 113.3 Index, 2021=100 compare
  5. 15 Germany 110.7 Index, 2021=100 compare
  6. 15 Slovenia 110.7 Index, 2021=100 compare
  7. 15 Slovenia 110.7 Index, 2021=100 compare

See the full ranking of 46 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 113.3 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 138.6 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 90.9 Index, 2021=100 in 2023.
How does Latvia rank for business registration and bankruptcy index by nace rev. 2 activity?
Latvia ranks 13th out of 42 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 6.1%. 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 - quarterly 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 07 September 2026, from https://economy.statizoid.com/stat/business-registration-and-bankruptcy-index-by-nace-rev-2-activity-quarterly-data/latvia-2/

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About this data

Indicator
Business registration and bankruptcy index by NACE Rev. 2 activity - quarterly data
Unit
Index, 2021=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
46 places, 486 data points, 2015–2026
Last refreshed