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
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.
The figure 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
| 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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Latvia
- Exports of goods and services (current LCU), annual growth rate 2.1 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.5538 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 14,570 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.074 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4394 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 11,562 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.57 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2347 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 6,175 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2077 current LCU per US$ of GDP (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 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.
Download this data
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