Latvia's Economic and Financial Outlook
Investment Highlights
Latvia has fully recovered from the economic recession and restored its strong fiscal position, returning
to its previous standards of fiscal prudence. The economy is on a sustainable, robust growth path,
characterized by improved competitiveness, solid domestic demand, and a flexible business sector able
to adjust to external shocks.
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Flexible and Resilient Economy
→ Decreasing Unemployment
Sustainable Debt Levels
and Prudent Fiscal Management
→ Investor attractiveness
Resilient towards external
shocks
→ Proven track record in overcoming
economic crisis in the past
Belongs to the Core of Europe
→ EZ membership
Member of all the important
international organizations
Predictable public policies
and outstanding track record
of successful structural reforms
→ Long term growth reinforced
Well Capitalised Banking Sector
→ Bank lending growing at moderate pace,
providing ample support for economic
development
Higher Credit Ratings
Investors confidence boosted due to reforms
and sound macroeconomic fundamentals
Solid Export Growth
→ Balance of Payments improvement
→ Sustainable Current Account BalanceView entire presentation