Air transport

Even though the transport and logistics industry is one of the most important sectors of the national economy of Latvia, downturn is continuing in the sector because of the uncertain situation in Europe and tensions ...

Despite challenges, exporters hold their ground

In 2016, Latvia exported EUR 10.332 billion worth of goods to foreign countries, down 0.3% or EUR 30.9 million from 2015, while imports dropped 1.7% or EUR 212.9 million to EUR 12.279 billion. For exporters, last year was full of challenges, considering falling ...

Situation in Latvian job market improving gradually

The number of employed persons in Latvia was 895,000 or 61.8% of the population aged 15-74 years in the third quarter of 2016The registered unemployment level was at 9.5% of the economically active population in the third quarter ...

About Latvia

Republic of Latvia is located in the north-eastern Europe. It is washed by the Baltic Sea and the Gulf of Riga. In the north Latvia borders Estonia, in the east – Russia, in the south-east – Byelorussia, ...