Starting a business - Score in Latvia
Latvia: Starting a business - Score was 94.14 in 2019. ▲ Rising
Starting a business - Score in Latvia, 2003–2019
Source: World Bank.
Analysis
In 2019, starting a business - score in Latvia stood at 94.14. That is the highest value across all 17 years on record.
The figure is up 5.5% over ten years.
Over the whole period, starting a business - score in Latvia peaked at 94.14 in 2019 and was at its lowest, 86.15, in 2003.
Latvia ranks 25th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.88 | 86.15 | 89.2 | 7 |
| 2010s | 92.72 | 89.16 | 94.14 | 10 |
Countries ranked near Latvia
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 17.9% (2025)
- Manufactures imports 60.8% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 54.2% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Commercial service exports 9.28 billion current US$ (2025)
- Transport services 23.1% (2025)
- Computer, communications and other services 53.3% (2025)
Frequently asked questions
- What is starting a business - score in Latvia?
- Starting a business - score in Latvia was 94.14 in 2019, according to the World Bank.
- What is the highest starting a business - score recorded in Latvia?
- The highest recorded value was 94.14 in 2019.
- What is the lowest starting a business - score recorded in Latvia?
- The lowest recorded value was 86.15 in 2003.
- How does Latvia rank for starting a business - score?
- Latvia ranks 25th out of 188 countries with data for 2019.
- Is starting a business - score rising or falling in Latvia?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.