Key sectors | Invest in Latvia

10+

Support programmes offer targeted incetives for key sectors

Connecting our key sectors to your opportunities

Sustainable Bioeconomy

Wood chemistry, Green fuel and other subsectors

Next-Gen Biomedicine

Precision medicine, Biomaterials and other subsectors

Smart Energy

Power-to-X Production, Biomethane Production, Hybrid Parks, Smart City Solutions & Urban Mobility and other subsectors

ICT

FinTech, Communication technologies, Sensors, Data center and other subsectors

Manufacturing and Engineering

Sustainable aviation, Optical fiber, Quantum technologies, Semiconductors, Thin films and other subsectors

Defence

Drones, Military manufacturing and other subsectors

96%

Public services for businesses are digital

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

Recent news

20.02.2026 - Economy

Latvia’s AML/CFT system internationally recognised as overall effective

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06.02.2026 - Innovation

Latvia’s most significant scientific achievements of 2025

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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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