New business density in terms of new registrations per 1,000 people aged 15-64 reached 6.89 in 2020 in Latvia, according to the National Statistical Office. This is 13.0% less than in the previous year.
Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in Latvia reached an all time high of 12.1 in 2011 and an all time low of 4.64 in 2004.
Latvia has been ranked 19th within the group of 110 countries we follow in terms of new business density in terms of new registrations per 1,000 people aged 15-64.
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