The information and telecommunications technology (ICT) sector in Latvia began in the 1960s when the Institute of Mathematics and Computer Science and the Institute of Electronics and Computer Science was founded. The latter institute developed expert technology for Soviet moon programs and had 800 employees working on R&D projects. In 1992, with UNESCO support, Latvia established its first internet connection, after which internet and computer use expanded rapidly. These well-established institutes and stellar achievements prove the solid legacy and tradition of education, technology, and R&D in Latvia.

Although the ICT sector itself comprises only 3.7 % of the GDP of Latvia in 2022, its importance goes well beyond that. ICTs are vital to:

  • meeting the globalization challenge by boosting innovation, creativity, and competitiveness throughout the economy;
  • delivering cutting-edge science in all scientific and technological areas;
  • making the public sector more efficient, and modernizing sectors ranging from education to energy;
  • tackling social challenges, improving the quality of life, and meeting the challenge of an aging society.

In 2022, there were approx. 7,003 companies were active in the ICT sector. Only 106 of them were producing ICT equipment, 383 were operating in the telecommunications industry, while 6,040 companies specialized in other ICT services, including 474 in ICT equipment sales. In 2022, the number of employees in the ICT sector was more than 42,000.

Turnover of ICT Sector, billion EUR

Latvia exports ICT products mainly to the Baltic market, around 46 %. Communication equipment accounted for 48 %, consumer electronic equipment – for 20 %, and computers and peripheral equipment – for 19 % of all ICT products exported by Latvia in 2022.

In 2022, the foreign trade surplus of ICT services reached EUR 776 million. The main trade partners of ICT services were the USA, Malta, and Ireland. 

Additional information

Latvian companies in industry 
Database of Latvian exporters

Central Statistical Bureau of Latvia:
Latvian Information Technology and Telecommunications Association:
Latvian Internet Association:
Association of Computer Technologies of Latvia:
Latvian IT Cluster: