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Latvia

28/10/2021 by

Home | Countries | Latvia

Latvia

Country context

  • GDP per capita: 31 476 USD (2021)
  • Government debt: 55.4% of GDP (2020)
  • Population: 1.9 million (2020)
  • General government investment: 23.3% of GFCF (2020)
  • Subnational direct investment: 28.51% of general government (2019)
  • Internet access: 91.1% of all households (2021)
  • Air and GHG emissions: 3.4t CO2 emissions/capita (2020)
  • Energy Transition Index: 71/100 (2021)

Source: OECD and World Economic Forum

Latvia data

Long-term strategic vision for infrastructure

Fiscal sustainability, affordability, and value for money

Efficient and effective public procurement

Transparent, systematic and effective stakeholder participation

Coherent, predictable, and efficient regulatory framework

Whole-of-government approach to manage threats to integrity

Evidence-informed decision making

Strengthen critical infrastructure resilience

Environmentally sustainable and climate-resilient infrastructure

Consistency of country performance in each pillar

Good infrastructure governance requires improvements across different dimensions. Preferably, countries should make progress in all dimensions involved in each of the pillars. Consistency is measured using the coefficient of variation; pay particular attention to pillars with low consistency as they may require more nuanced analysis.

  • Low
  • High

Related publications

  • Fostering Effective Energy Transition, World Economic Forum (2021)
  • ITF Transport Outlook 2021
  • Latvia’s Recovery and Resilience Plan (2021)
  • Budgetary Governance in Practice: Latvia
  • Sustainable Development Strategy of Latvia until 2030 (2010)

Links to useful data

  • 2022 OECD Governance of Infrastructure Dataset
  • 2020 OECD Governance of Infrastructure Dataset
  • Country profile of Latvia, OECD
  • World Observatory on Subnational Government Finance and Investment, Latvia

Relevant public institutions

  • Ministry of Economy
  • Ministry of Finance
  • Ministry of Transport
  • Ministry of Environmental Protection and Regional Development

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