Country Risk Profile · Global Sustainable Competitiveness Index

Latvia

Overall GSCI Rank

#18

of 193 countries

Overall Score

55.6

Best: 61.0 (Finland)

Global Average

44.6

Gap to Latvia: 11.1

Overall competitiveness score (high score → lower risk)

Rank 18 / 193
025507510055.6Latvia61.0Global best44.6Global average(Finland)

10-year change (2015–2025)

-1.6

vs global trend

10-year outlook (projection)

-0.2

Country Profile

Population

1,862,441

Area

64,590 km²

Population Density

29 /km²

GDP (Nominal)

$43.5B

GDP per Capita

$23,368

Sustainable Competitiveness Dimensions for Latvia

How Latvia compares to the global best and global average across the six GSCI dimensions.

Natural Capital

Rank 1 / 193
025507510063.2Latvia63.2Global best48.6Global average

Resource Efficiency

Rank 44 / 193
025507510051.9Latvia61.6Global best45.8Global average

Social Capital

Rank 47 / 193
025507510050.2Latvia60.6Global best44.5Global average

Intellectual Capital

Rank 37 / 193
025507510053.7Latvia78.6Global best39.8Global average

Economic Sustainability

Rank 27 / 193
025507510048.4Latvia61.2Global best40.7Global average

Governance

Rank 20 / 193
025507510066.4Latvia74.6Global best48.0Global average

Global Sustainable Competitiveness Index

Browse the full GSCI: 193 countries ranked across six structural dimensions of sustainable competitiveness, built on 280 quantitative indicators from the World Bank, UN, IMF, IEA, and other recognised data providers.

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Interactive country dashboard combining GSCI scores, ESG ratings, and macro indicators. Compare countries side by side and drill into specific risk factors.

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About the GSCI methodology

The Global Sustainable Competitiveness Index ranks 193 countries across six structural dimensions. Scores are derived from 200+ quantitative indicators sourced from the World Bank, UN, IMF, IEA, and other recognised data providers.

Read the full methodology

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