Latvia Business Environment
Latvia LV: Business Extent of Disclosure Index
LV: Business Extent of Disclosure Index data was reported at 5.000 NA in 2017. This stayed constant from the previous number of 5.000 NA for 2016. LV: Business Extent of Disclosure Index data is updated yearly, averaging 5.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 5.000 NA in 2017 and a record low of 5.000 NA in 2017. LV: Business Extent of Disclosure Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 5.00 2017 | yearly | 2005 - 2017 |
View Latvia's Latvia LV: Business Extent of Disclosure Index from 2005 to 2017 in the chart:
Latvia LV: Delay in Obtaining An Electrical Connection
LV: Delay in Obtaining An Electrical Connection data was reported at 4.900 Day in 2013. This records a decrease from the previous number of 93.200 Day for 2009. LV: Delay in Obtaining An Electrical Connection data is updated yearly, averaging 14.300 Day from Dec 2002 (Median) to 2013, with 4 observations. The data reached an all-time high of 93.200 Day in 2009 and a record low of 4.900 Day in 2013. LV: Delay in Obtaining An Electrical Connection data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Delay in obtaining an electrical connection is the average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 4.90 2013 | yearly | 2002 - 2013 |
View Latvia's Latvia LV: Delay in Obtaining An Electrical Connection from 2002 to 2013 in the chart:
Latvia LV: Depth of Credit Information Index: 0=Low To 8=High
LV: Depth of Credit Information Index: 0=Low To 8=High data was reported at 8.000 NA in 2017. This stayed constant from the previous number of 8.000 NA for 2016. LV: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 6.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 8.000 NA in 2017 and a record low of 6.000 NA in 2015. LV: Depth of Credit Information Index: 0=Low To 8=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Depth of credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 8, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 8.00 2017 | yearly | 2013 - 2017 |
View Latvia's Latvia LV: Depth of Credit Information Index: 0=Low To 8=High from 2013 to 2017 in the chart:
Latvia LV: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier
LV: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data was reported at 79.260 NA in 2017. This records a decrease from the previous number of 80.050 NA for 2016. LV: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data is updated yearly, averaging 79.260 NA from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 80.050 NA in 2016 and a record low of 78.580 NA in 2015. LV: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Distance to frontier score illustrates the distance of an economy to the 'frontier,' which represents the best performance observed on each Doing Business topic across all economies and years included since 2005. An economy's distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. For example, a score of 75 in 2012 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time. A score of 80 in 2013 would indicate the economy is improving.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 79.26 2017 | yearly | 2015 - 2017 |
View Latvia's Latvia LV: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier from 2015 to 2017 in the chart:
Latvia LV: Ease of Doing Business Index: 1=Most Business-friendly Regulations
LV: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 19.000 NA in 2017. LV: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 19.000 NA from Dec 2017 (Median) to 2017, with 1 observations. LV: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 19.00 2017 | yearly | 2017 - 2017 |
View Latvia's Latvia LV: Ease of Doing Business Index: 1=Most Business-friendly Regulations from 2017 to 2017 in the chart:
Latvia LV: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms
LV: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data was reported at 0.900 % in 2013. This records a decrease from the previous number of 4.400 % for 2009. LV: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data is updated yearly, averaging 17.200 % from Dec 2002 (Median) to 2013, with 4 observations. The data reached an all-time high of 37.100 % in 2002 and a record low of 0.900 % in 2013. LV: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question 'was a gift or informal payment expected or requested during a meeting with tax officials?'; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.90 2013 | yearly | 2002 - 2013 |
View Latvia's Latvia LV: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms from 2002 to 2013 in the chart:
Latvia LV: Firms Experiencing Electrical Outages: % of Firms
LV: Firms Experiencing Electrical Outages: % of Firms data was reported at 32.200 % in 2013. This records a decrease from the previous number of 44.900 % for 2009. LV: Firms Experiencing Electrical Outages: % of Firms data is updated yearly, averaging 38.550 % from Dec 2009 (Median) to 2013, with 2 observations. The data reached an all-time high of 44.900 % in 2009 and a record low of 32.200 % in 2013. LV: Firms Experiencing Electrical Outages: % of Firms data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Percent of firms experiencing electrical outages during the previous fiscal year.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 32.20 2013 | yearly | 2009 - 2013 |
View Latvia's Latvia LV: Firms Experiencing Electrical Outages: % of Firms from 2009 to 2013 in the chart:
Latvia LV: Labour Tax and Contributions: % of Commercial Profits
LV: Labour Tax and Contributions: % of Commercial Profits data was reported at 26.600 % in 2017. This stayed constant from the previous number of 26.600 % for 2016. LV: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 27.200 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 29.800 % in 2008 and a record low of 26.600 % in 2017. LV: Labour Tax and Contributions: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 26.60 2017 | yearly | 2005 - 2017 |
View Latvia's Latvia LV: Labour Tax and Contributions: % of Commercial Profits from 2005 to 2017 in the chart:
Latvia LV: Other Taxes Payable by Businesses: % of Commercial Profits
LV: Other Taxes Payable by Businesses: % of Commercial Profits data was reported at 3.000 % in 2017. This stayed constant from the previous number of 3.000 % for 2016. LV: Other Taxes Payable by Businesses: % of Commercial Profits data is updated yearly, averaging 3.000 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 3.800 % in 2010 and a record low of 0.100 % in 2008. LV: Other Taxes Payable by Businesses: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 3.00 2017 | yearly | 2005 - 2017 |
View Latvia's Latvia LV: Other Taxes Payable by Businesses: % of Commercial Profits from 2005 to 2017 in the chart:
Latvia LV: Power Outages in Firms in A Typical Month
LV: Power Outages in Firms in A Typical Month data was reported at 0.300 Unit in 2013. This stayed constant from the previous number of 0.300 Unit for 2009. LV: Power Outages in Firms in A Typical Month data is updated yearly, averaging 0.300 Unit from Dec 2009 (Median) to 2013, with 2 observations. The data reached an all-time high of 0.300 Unit in 2013 and a record low of 0.300 Unit in 2013. LV: Power Outages in Firms in A Typical Month data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Power outages are the average number of power outages that establishments experience in a typical month.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.30 2013 | yearly | 2009 - 2013 |
View Latvia's Latvia LV: Power Outages in Firms in A Typical Month from 2009 to 2013 in the chart:
Latvia LV: Profit Tax: % of Commercial Profits
LV: Profit Tax: % of Commercial Profits data was reported at 6.300 % in 2017. This stayed constant from the previous number of 6.300 % for 2016. LV: Profit Tax: % of Commercial Profits data is updated yearly, averaging 6.300 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 6.800 % in 2007 and a record low of 4.800 % in 2012. LV: Profit Tax: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Profit tax is the amount of taxes on profits paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 6.30 2017 | yearly | 2005 - 2017 |
View Latvia's Latvia LV: Profit Tax: % of Commercial Profits from 2005 to 2017 in the chart:
Latvia LV: Strength of Legal Rights Index: 0=Weak To 12=Strong
LV: Strength of Legal Rights Index: 0=Weak To 12=Strong data was reported at 9.000 NA in 2017. This stayed constant from the previous number of 9.000 NA for 2016. LV: Strength of Legal Rights Index: 0=Weak To 12=Strong data is updated yearly, averaging 9.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 9.000 NA in 2017 and a record low of 9.000 NA in 2017. LV: Strength of Legal Rights Index: 0=Weak To 12=Strong data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Business Environment. Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 9.00 2017 | yearly | 2013 - 2017 |