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Latvia In-depth PEST Insights

Publisher MarketLine
Published Oct 31, 2025
Length 39 Pages
SKU # MTLN20937317

Description

Latvia In-depth PEST Insights

Summary

This PEST country analysis report on Latvia provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.

Synopsis
  • Understand the political system in Latvia through analysis of key figures in the country and governance indicators.
  • Understand the economic situation in Latvia through a balanced assessment of core macroeconomic issues.
  • Understand customer demographics in Latvia through analysis of income distribution and the rural-urban split, as well as healthcare and education.
  • Understand the technological landscape in Latvia through analysis of relevant laws and policies, as well as patents data.
Scope
  • The political landscape section discusses the evolution of the political scenario in Latvia , as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
  • The economic landscape section outlines the evolution of Latvia 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
  • The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
  • The technology landscape section examines advancements and policies in technology innovation, including developments in information technology, telecommunications, research and development (R&D) investments, digital infrastructure, and cybersecurity measures.
Reasons to Buy
  • What is the outlook in Latvia in terms of political stability, policies towards business, and the popularity of the government?
  • How does Latvia perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
  • How does Latvia perform in terms of healthcare, income distribution, and education?
  • How does Latvia perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?

Table of Contents

39 Pages
Overview
Catalyst
Summary
Key developments (November 2024 - October 2025)
Key economic updates
Impact of US Tariffs on Latvia’s Economy - 2025
Key Facts and Geographic Location
Key facts
Geographical location
Political Landscape
Summary
Evolution
Structure and policies
Key political figures
Structure of legislature
Governance indicators
Economic Landscape
Summary
Evolution
Structure and policies
Financial system
Performance
GDP and growth rate
GDP composition by sector
Fiscal situation
Monetary situation
Social Landscape
Summary
Evolution
Structure and policies
Demographic composition
Performance
Healthcare
Technological Landscape
Summary
Evolution
Structure and policies
Performance
About MarketLine
Contact Us
List of Tables
Table 1: Key Facts, 2025
Table 2: Table 2: Mid-Year Population by Age (% of Total Population), 2024
List of Figures
Figure 1: Key Economic Indicators Trend
Figure 2: Map of Latvia, 2025
Figure 3: Timeline of Key Political Events
Figure 4: Key Political Figures
Figure 5: Latvia - Distribution of Seats in the Saeima, by Party, October 2022
Figure 6: Historical Real GDP Growth Rate (%) 2014-24
Figure 7: Real GDP and GDP Growth (Constant Prices) ($ Billion/%), 2020-29f
Figure 8: GDP by Sector (%), 2024
Figure 9: Agricultural Output (EUR Billion/%), 2020-25f
Figure 10: Industrial Output (EUR billion/%), 2020-25f
Figure 11: Services Output (EUR billion/%), 2020-25f
Figure 12: Growth in Volume of Exports and Imports (%), 2020-29
Figure 13: Consumer Price Index (CPI) and CPI-Based Inflation (Index/%), 2020-29f
Figure 14: Unemployment (000’s) and Unemployment Rate (%), 2020-29f
Figure 15: Major Religions, 2017 Est
Figure 16: Government Expenditure on Education ($ Billion/% of GDP), 2020-24
Figure 17: Government Expenditure on Healthcare ($ Billion/% of GDP), 2020-24
Figure 18: Internet Users (Millions/% of Total Population) 2020-25f

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