New businesses registered in Latvia

8,218 companies were registered in Latvia in 2024.

Measure: New businesses registered Unit: New limited liability companies Data: 2006 to 2024 Source: World Bank
Latvia, 2024 8,218 New limited liability companies
Change from 2023 +5.5% 2023: 7,792 companies

New businesses registered in Latvia over time

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Latvia

New limited liability companies. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

New businesses registered (new limited liability companies), 2006 to 2024
Period Latvia
2024 8,218 companies
2023 7,792 companies
2022 7,924 companies
2021 8,521 companies
2020 8,262 companies
2019 9,632 companies
2018 9,925 companies
2017 9,405 companies
2016 10,372 companies
2015 12,615 companies
2014 14,052 companies
2013 15,405 companies
2012 15,794 companies
2011 16,941 companies
2010 12,018 companies
2009 7,253 companies
2008 9,068 companies
2007 12,061 companies
2006 11,358 companies

A dash means no value was published for that period.

In short

  • That is a change of +5.5% from 7,792 companies in 2023.
  • Since 2014, when it was 14,052 companies, the figure has changed by −41.5%.

Source and dates

Original producer
World Bank, Entrepreneurship Database
Distributed by
World Bank, World Development Indicators
Dataset or series code
IC.BUS.NREG · dataset details · view at source
Observation period
2006 to 2024 for Latvia
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: World Bank, Entrepreneurship Database