The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Latvia  
Rank: 49 · Score: 58.2  

Basic facts, 2017        
Population (millions) 2.0   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 27.5   M&A volume (quartile) 2nd
GDP per capita (US$) 13,753.0   Venture capital investments (quartile) Bottom
GDP growth (per cent) 4.2   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 49 57, 64, 76, 77, 76 58.2
1 Economic Activity 83 38, 38, 41, 35, 42 67.2
2 Depth of Capital Market 59 40, 49, 63, 67, 66 48.8
3 Taxation 30 100, 98, 96, 97, 95 107.0
4 Investor Protection and Corporate Governance 41 95, 96, 95, 92, 84 69.2
5 Human and Social Environment 46 75, 79, 80, 80, 79 53.0
6 Entrepreneurial Opportunities 49 80, 78, 80, 80, 76 57.7


 
Historic performance, 2014-2018   Key driver performance, 2018

   

VCPE Rank  
VC Rank  
PE Rank
Latvia  
Eastern Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Estonia 68.2 45.0 104.0 83.5 61.1 61.2
Lithuania 71.1 44.7 101.2 71.7 62.8 61.9
Romania 86.1 53.6 98.5 64.2 42.1 56.2
Latvia 67.2 48.8 107.0 69.2 53.0 57.7
Hungary 81.3 46.6 101.5 57.4 52.6 59.9
Bulgaria 72.6 51.4 93.0 57.6 47.0 58.2
Slovenia 72.5 30.7 115.0 67.4 62.5 72.6
Last updated: 4 Feb 2018