In the overall Prosperity Index rankings, Latvia has fallen by 4 positions from 36 to 40 when compared to last year. Since the Prosperity Index began in 2006, Latvia has moved up the rankings table by 1 place.
In the Prosperity Pillar rankings, Latvia performs best on Natural Environment and Education and scores lowest on the Social Capital pillar. The biggest positive change, compared to last year, came in Personal Freedom increasing by 5 places, whereas they dropped 18 places on Business Environment.
Visit our Rankings table to see how Latvia compares to other countries.