"Latvia’s living standards have increased towards the OECD average over the past 25 years, but structural challenges remain. Improving public finances and administrative capacity, enhancing health outcomes and accelerating the green transition would foster strong and sustainable growth," the report suggests.
The Survey projects very modest GDP growth of 1.9% in 2026 and 2.2% in 2027, following on from growth of 2.1% in 2025. Average annual inflation is expected to decline from 3.8%...