#

Ease of Doing Business in

Latvia

Latvia Download Profile (1740.9KB, pdf)
Region Europe & Central Asia
Income Category High income
Population 1,978,440
GNI Per Capita (US$) 14,900
City covered Riga

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 14 17 up
3
80.61 79.14 down
1.47
Starting a Business 22 20 down
2
94.15 94.15
-
Dealing with Construction Permits 23 20 down
3
78.93 78.94 down
0.01
Getting Electricity 42 57 up
15
82.14 78.99 up
3.15
Registering Property 23 23
-
81.87 81.87
-
Getting Credit 7 19 up
12
85.00 75.00 up
10.00
Protecting Minority Investors 42 40 down
2
63.33 63.33
-
Paying Taxes 15 16 up
1
89.79 88.84 up
0.95
Trading across Borders 25 25
-
95.26 95.26
-
Enforcing Contracts 23 23
-
71.66 71.66
-
Resolving Insolvency 44 43 down
1
63.95 63.39 up
0.56

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

DB 2017 Rank:

25

DB 2016 Rank:

25

Change in Rank:

0

DB 2017 DTF (% points):

95.26

DB 2016 DTF (% points):

95.26

Change in DTF (% points):

0.00

Indicator Latvia Europe & Central Asia OECD high income
Time to export: Border compliance (hours) info_outline 24 28 12
Cost to export: Border compliance (USD) info_outline 150 195 150
Time to export: Documentary compliance (hours) info_outline 2 27 3
Cost to export: Documentary compliance (USD) info_outline 35 111 36
Time to import: Border compliance (hours) info_outline 0 26 9
Cost to import: Border compliance (USD) info_outline 0 202 115
Time to import: Documentary compliance (hours) info_outline 1 26 4
Cost to import: Documentary compliance (USD) info_outline 0 91 26
Characteristics Export Import
Product HS 44 : Wood and articles of wood; wood charcoal HS 8708: Parts and accessories of motor vehicles
Trade partner Sweden Germany
Border Riga port Latvia- Lithuania border crossing
Distance (km) 7 100
Domestic transport time (hours) 2 4
Domestic transport cost (USD) 150 115
Export documents
Bill of lading
Commercial invoice
Packing list
Intrastat
Import documents
CMR Waybill
Packing list
Commercial invoice
Intrastat