Logistics

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 ...

Estonia registers slowest growth since economic crisis

Estonia, seen as an excellent example of a balanced economy, has been stagnating the past several years. Last year was no different, as economic growth was projected at over 2%, but in reality was below 2%. Despite ...

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 ...

Latvia – transit centre

Latvia continues to strengthen its position as a transit and logistics centre among EU, CIS and Asian markets, developing existing transit corridors and launching work on new projects.

Foreign investments in Latvia

Foreign direct investment in equity, reinvested earnings and other forms of capital has grown rapidly since Latvia regained its independence in 1991 until the rates of growth slowed because of the financial crisis. However, in the ...