Latvia - Global competitiveness rank (1=the best)

67 (rank) in 2019

In 2019, global competitiveness rank for Latvia was 67 rank. Global competitiveness rank of Latvia increased from 65 rank in 2017 to 67 rank in 2019 growing at an average annual rate of 1.67%.

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What is global competitiveness rank?

The Global Competitiveness Index 4.0 assesses the microeconomic and macroeconomic foundations of national competitiveness, which is defined as the set of institutions, policies, and factors that determine the level of productivity of a country.

What is Latvia global competitiveness rank?