Key sectors | Invest in Latvia

10+

Support programmes offer targeted incetives for priority sectors

Connecting our key sectors to your opportunities

Sustainable Bioeconomy

One of Europe’s top five forest-rich countries

Next-Gen Biomedicine

Latvia exports 76% of its domestically produced chemicals and pharmaceuticals.

Energy Systems

Ranked 3rd in the EU for renewable energy use, Latvia offers a strong foundation for smart energy and mobility innovation.

Technology

Latvia ranks 3rd in Europe for ICT students per 1M population, ensuring a strong and growing tech talent pool.

Manufacturing an Engineering

Latvia hosts one of the world’s leading producers of optical fiber technologies.

Defense

Latvia is a TOP 3 NATO country for defense expenditures as % of GDP in 2025 and manufacturing.

96%

Public services for businesses are digital

EU average - 86% (% of EU target, DESI 2025)

Recent news

03.02.2026 - Technology

Slovenian company NGEN Group enters Latvia: will develop energy storage project using Tesla technologies

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20.01.2026 - Fintech

Moody’s Confirms Latvia’s A3 Credit Rating with Stable Outlook

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15.01.2026 - Technology

Digitalist Invests in Latvia to Advance AI Solutions and Digital Transformation

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15.01.2026 - Economy

Latvia Reaches a Record: More Than €1 Billion in Investments Attracted in 2025

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Investment and Development Agency of Latvia (LIAA)
Address: 2 Perses Street, Riga, LV-1442, Latvia

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