Latvia, an EU member, boasts a dynamic, export-driven economy with strengths in manufacturing, IT, and logistics. Market competition is robust, supported by trade access to Europe and Scandinavia. Public policies emphasize digital transformation, innovation, and regional development, bolstered by EU funding. Regulatory frameworks align with EU standards, ensuring transparency and investment appeal. Latvian society is well-educated, with increasing focus on STEM and entrepreneurship. Healthcare access is comprehensive but faces rural disparities. Climate policies prioritize renewable energy and forest conservation, aligning with EU sustainability goals. Latvia’s strategic location and economic openness position it for sustained growth.
