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

Latvia  
Rank: 52 · Score: 58.7  

Basic facts, 2015        
Population (millions) 2.0   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 27.3   M&A volume (quartile) 2nd
GDP per capita (US$) 13,740.2   Venture capital investments (quartile) Bottom
GDP growth (per cent) 2.9   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 52 58, 57, 61, 65, 73 58.7
1 Economic Activity 90 41, 29, 33, 30, 35 78.8
2 Depth of Capital Market 64 45, 49, 48, 53, 61 42.6
3 Taxation 29 100, 103, 100, 98, 96 106.6
4 Investor Protection and Corporate Governance 30 86, 89, 95, 95, 95 77.2
5 Human and Social Environment 43 57, 68, 77, 82, 82 55.8
6 Entrepreneurial Opportunities 47 80, 84, 80, 78, 78 59.9


 
Historic performance, 2012-2016   Key driver performance, 2016

   

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
Romania 88.9 53.4 98.5 67.0 44.3 60.9
Hungary 85.7 49.3 96.8 60.9 56.0 60.4
Slovenia 80.9 36.5 116.3 68.1 64.4 73.4
Latvia 78.8 42.6 106.6 77.2 55.8 59.9
Bulgaria 81.3 51.0 94.9 57.1 47.7 58.5
Czech Republic 91.8 30.4 100.1 71.3 72.0 73.5
Slovakia 81.4 39.7 102.2 60.7 44.8 60.5
Last updated: 8 August 2016