24Peaks / Europe / Latvia / Established Business Ownership

Latvia - Established Business Ownership 8.9

GEM APS · updated 2026-10-03 · 116 economies tracked

Latest value

8.9 (2024)

Global rank

##11 of 116 economies

Share of global total

2.5%

Growth since 2005

1.78×

Ranking Race — Established Business Ownership

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#61200120062011201620212024#23#112021 overtook Indonesia2022 overtook Kazakhstan
LatviaKorea, Rep.Saudi ArabiaGreeceGuatemala

Real annual global ranks, 2001 - 2024. Latvia climbed from #23 to #11 (overtook Indonesia). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2009
Climbed 23 places in global rank auto
2021
Overtook Indonesia in global rank auto
2022
Overtook Kazakhstan in global rank auto

Established Business Ownership, 2005-2024

GEM APS · % of adult population · linear scale · ranking in the race above
200520102015202020242.996.39.612.91

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