Readiness score, IMF-Adapted Economic in Latvia

Latvia: Readiness score, IMF-Adapted Economic was 0.6487 in 2024. ▲ Rising

Latest (2024)
0.6487
Change on year
up 1.8%
World rank
37th
of 192 countries
All-time high
0.6638
in 2021
All-time low
0.5828
in 2017
Years of data
10
2015–2024

Readiness score, IMF-Adapted Economic in Latvia, 2015–2024

00.20.40.62015201920242015: 0.6442016: 0.612017: 0.5832018: 0.6112019: 0.6292020: 0.642021: 0.6642022: 0.6472023: 0.6372024: 0.649

Source: International Monetary Fund.

Analysis

The most recent figure for readiness score, imf-adapted economic in Latvia is 0.6487, measured in 2024.

Compared with earlier readings it is up 1.8% on the previous year and up 0.7% over ten years.

Over the whole period, readiness score, imf-adapted economic in Latvia peaked at 0.6638 in 2021 and was at its lowest, 0.5828, in 2017.

That places Latvia 37th out of 192 countries with data for 2024, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.6156 0.5828 0.6441 5
2020s 0.6473 0.637 0.6638 5

Countries ranked near Latvia

  1. 34 Bahamas 0.6528 compare
  2. 35 Bahrain 0.652 compare
  3. 36 Saint Kitts and Nevis 0.6488 compare
  4. 38 Czechia 0.6485 compare
  5. 39 Slovak Republic 0.6428 compare
  6. 40 Slovenia 0.6413 compare

See the full ranking of 192 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is readiness score, imf-adapted economic in Latvia?
Readiness score, imf-adapted economic in Latvia was 0.6487 in 2024, according to International Monetary Fund.
What is the highest readiness score, imf-adapted economic recorded in Latvia?
The highest recorded value was 0.6638 in 2021.
What is the lowest readiness score, imf-adapted economic recorded in Latvia?
The lowest recorded value was 0.5828 in 2017.
How does Latvia rank for readiness score, imf-adapted economic?
Latvia ranks 37th out of 192 countries with data for 2024.
Is readiness score, imf-adapted economic rising or falling in Latvia?
Over the last ten years it is up 0.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from International Monetary Fund, published as part of Readiness score, IMF-Adapted Economic. Statizoid updates them automatically from the source API.

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Readiness score, IMF-Adapted Economic in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/readiness-score-imf-adapted-economic/latvia/

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About this data

Indicator
Readiness score, IMF-Adapted Economic
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 1,920 data points, 2015–2024
Last refreshed

The ND-GAIN index is a global free open-source index, that measures a country’s current vulnerability to climate disruptions and assesses a country’s readiness to leverage private and public sector investment for adaptive actions. The IMF-adapted ND-GAIN index is an adaptation of the original index, adjusted by IMF staff to replace the Doing Business (DB) Index, used as source data in the original ND-GAIN, because the DB database has been discontinued by the World Bank in 2020 and it is no longer allowed in IMF work. The IMF-adapted ND-GAIN is an interim solution offered by IMF staff until the ND-GAIN compilers will review the methodology and replace the DB index.