In the face of growing geopolitical tensions and global economic fragmentation, reliable institutions, the ability to adapt to change, and resilience to shocks play a crucial role in ensuring competitiveness. This is confirmed by the latest IMD World Competitiveness Ranking 2026, which evaluates 70 global economies. Latvia has moved up three spots in the ranking and now ranks 35th in the world.Latvia has returned to its 2022 ranking level. Within the group of European, Middle Eastern, and…
In the face of growing geopolitical tensions and global economic fragmentation, reliable institutions, the ability to adapt to change, and resilience to shocks play a crucial role in ensuring competitiveness. This is confirmed by the latest IMD World Competitiveness Ranking 2026, which evaluates 70 global economies. Latvia has moved up three spots in the ranking and now ranks 35th in the world.Latvia has returned to its 2022 ranking level. Within the group of European, Middle Eastern, and African countries, Latvia ranks 23rd out of 45 countries, while among countries with a population of up to 20 million, Latvia ranks 22nd out of 38 countries. In a comparison of the competitiveness of the Baltic states, Latvia retains third place: Estonia…
