Latvia

KEY INDICATORS

  • GDP (US$ billions):71.154
  • Population:1,882,396
  • HDI:0.879

Gki Rank

31/141
Gki Score
59.5
World Average
47.8

Country Performance Summary

Latvia is a strong performer in terms of its knowledge infrastructure. It ranks 31st out of 141 countries in the Global Knowledge Index 2024 and 31st out of the 59 countries with very high human development.

Areas of Strength

  • Mobile broadband Internet traffic per subscription
  • Pupil-trained teacher ratio in primary education
  • Educational attainment rate, master's or equivalent
  • Labour force participation rate with short-cycle tertiary education
  • MSME financing gap (% GDP)

Areas of Improvement

  • Ecological footprint per capita
  • Firms constrained with inadequately educated workforce (%)
  • Growth of innovative companies
  • Teaching staff compensation (% tertiary expenditure)
  • Share of students enrolled in post-secondary vocational programmes

SECTORAL INDICES

Rank
Value
Click the sectoral tab for a detailed overview.