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    Latvia

    Extended
    Europe · #31 of 117 global markets · IEPA 2024 (final) · 2026 current estimate available
    63.7▼ -0.6 YoY
    ●●○0.78IEPA COMPOSITE
    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420264854606672
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    20102011201220132014201520162017201820192020202120222024036912
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #39of 145 ranked economies▲ 1 place since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202435373941
    CAPABILITY RANK · HIGHER IS BETTER
    2.69% / yr
    Implied growth
    Annual growth the current capability base points to.
    293
    Diversity
    Distinct products made at competitive scale.
    +0.73
    Capability score
    Standardized: 0 is the world average.
    +1.15
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Construction, Building, and Home Supplies43 of 104 made · 80% of the rest within reach
    Agriculture66 of 200 made · 68% of the rest within reach
    Textile Apparel and Accessories12 of 50 made · 68% of the rest within reach
    Electronic and Electrical Goods14 of 73 made · 68% of the rest within reach
    Minerals8 of 48 made · 35% of the rest within reach
    Textile and Home Goods12 of 78 made · 47% of the rest within reach
    Metalworking and Electrical Machinery and Parts22 of 155 made · 56% of the rest within reach
    Industrial Chemicals and Metals13 of 157 made · 40% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Electronic and Electrical Goods. This market makes 19% of that cluster today, and 68% of what it does not make sits one step from something it already does.
    READ ON THE 190 OF 293 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Mineral wools and insulating materials$5B world market
    Mining, Metals & MaterialsOPENS 0.21 · COMPLEXITY +0.86
    Seats$85B world market
    Wood, Paper & FurnitureOPENS 0.14 · COMPLEXITY +0.32
    Aluminum bars$20B world market
    Mining, Metals & MaterialsOPENS 0.10 · COMPLEXITY -0.09
    Aluminum containers, <300 liters$7B world market
    Mining, Metals & MaterialsOPENS 0.09 · COMPLEXITY -0.13
    Glass containers for conveyance$13B world market
    Mining, Metals & MaterialsOPENS 0.07 · COMPLEXITY -0.48
    THE NEAREST OPTIONS AMONG 351 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    No recent scored signals for this market.
    PEERS · EXTENDED
    🇬🇪Georgia63.7→🇳🇿New Zealand63.5→🇵🇱Poland64.2→🇪🇸Spain63.5→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-06-27
    115organizations indexed across 7 types · 114 mapped
    Universities & research bodies
    58
    Research organizations
    21
    Government bodies
    16
    Corporate R&D
    11
    Fab labs & makerspaces
    4
    Health research
    4
    Science & tech parks
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 115 indexed
    Nomadi Festival
    Science & tech parks · Riga
    Riga Technical University
    Universities & research bodies · Riga · 1862
    Latvia University of Life Sciences and Technologies
    Universities & research bodies · Jelgava · 1863
    MSD (Latvia)
    Corporate R&D · Riga · 1891
    Grindeks (Latvia)
    Corporate R&D · Riga · 1946
    National Library of Latvia
    Research organizations · Riga · 1919
    Bank of Latvia
    Research organizations · Riga · 1922
    Children's Clinical University Hospital
    Health research · Riga · 1899
    Pauls Stradiņš Clinical University Hospital
    Health research · Riga · 1910
    Ministry of Education and Science
    Government bodies · Riga · 1918
    FabLab Liepaja
    Fab labs & makerspaces · Liepāja
    Latvian Academy of Sciences
    Government bodies · Riga · 1946
    Members get the full directory, filters, and exports.See all 115 organizations →
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