Here you can discover the main competitive advantages of doing business in Latvia. Some of the main are cost-effectiveness, highly skilled workforce, well-developed infrastructure, macroeconomic stability. But there are many more. Find out below.
Look closer at Latvia`s economy and you will see the next great investment destination for your business
Read full storyLatvia is 4th in the world according to the share of female tertiary graduates (Education at a Glance, 2023)
Read full storyTop-level infrastructure from well-developed transport and logistics to IT and communications. Latvia is 17th in the world on Economic Freedom Index (2023)
Read full storyLatvia`s tax system has been recognised as 2nd most competitive in the world (Source: International Tax Competitiveness Index 2023)
Read full storyThe Baltic states, including Latvia, have shown good growth in attracting investment in recent years.
Read full storyDespite the Covid-19 crisis and geopolitical situation, net flows of FDI attracted to Latvia continue to increase.
Read full storyRelatively small population does not make Latvia a major market, but the country’s key advantage is its location, providing access to its immediate neighbours. On its doorstep are the Scandinavian countries, Europe, Russia and the CIS countries.
Read full storyAs a member of the European Union, the Latvian government is channeling EU Structural Funds to implement a number of state-support programs to foster business development.
Find out moreDiscover a wide range of location choices from greenfield to industrial and office projects what Latvia’s territories and cities have to offer.
Find out moreAs National Technology Transfer Centre LIAA provides various activities aiming to contribute to innovation growth by supporting technology transfer and by developing a platform for long-term cooperation between research and industry.
Find out moreOur country offers a wide range of leisure options, from a vibrant city to unspoiled nature areas, from excellent music and theatre to fine dining, from water sports to architecture, from shopping to golf!
Find out moreLatvia has been a trusted NATO member for 18 years, which is the strongest military alliance globally.
Find out moreELWIND is a joint Estonian-Latvian state-run cross-border offshore wind project in the Baltic Sea.
Find out moreThis section lays out the main competitive advantages of doing business in Latvia. These include cost effectiveness, a highly skilled workforce, well-developed infrastructure, macroeconomic stability and many more.
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