Latvia
Baltic Forests, Medieval Streets
Overview
A Baltic nation with Art Nouveau architecture in Riga, vast pine forests, and a growing tech sector, bridging Scandinavian efficiency with Eastern European charm.
Geographic Context
Region
Europe
Subregion
Northern Europe
Land Area
64,559 km²
Capital
Riga
Languages
Latvian
Currencies
Euro (€)
At a Glance
70
Oyster Score
Composite index
Health
48
Freedom
92
Security
69
Life Expectancy
73.2 yrs
Median Age
43.1 yrs
Urbanization
69%
Cost Index
53
Housing Index
27
Healthcare Access
51/100
Climate
Average Temperature
6.2°C
Average AQI
9
Most Temperate Cities
1 Liepāja 7.6°C
2 Karosta 7.6°C
3 Ventspils 7.4°C
4 Kuldīga 7.1°C
5 Jūrmala 7°C
Best Air Quality Cities
1 Ikšķile 5 AQI
2 Jelgava 5 AQI
3 Jūrmala 5 AQI
4 Ogre 5 AQI
5 Salaspils 5 AQI
Cities
Economy & Finance
Finances
Economic Indicators
Cost Index 53
Cost of Living
Price Levels & Affordability
Housing Index 27
Investment
Credit Rating & Markets
Corp. Tax 19.00%
Taxation
Tax Rates & Compliance
Employment
Labor & Social Protection
Startup Score 67/100
Business Environment
Trade & Commerce
FDI Openness 17/100
Society & Governance
International
Travel
Visas & Entry Requirements
Visa-Free 155 countries
Diplomatic Relations
Embassies & Alliances
Missions 39
Defence
Military & Security
Mil. Spending 2.27% GDP
Infrastructure
Energy & Transport
Internet Speed 164 Mbps
Environment
Emissions & Biodiversity
Alternatives
Similar Jurisdictions
Jurisdiction Guide
Tips & Cultural Insights
Frequently Asked Questions
Sources: World Bank | WHO | Freedom House | OECD · Last updated: 2025