24Peaks / Europe / Latvia / Financing for Entrepreneurs

Latvia - Financing for Entrepreneurs 5.2

GEM NES · updated 2026-10-03 · 118 economies tracked

Latest value

5.2 (2024)

Global rank

##12 of 118 economies

Share of global total

2.1%

Growth since 2005

1.16×

Ranking Race — Financing for Entrepreneurs

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#61200020052010201520202024#16#122023 overtook Hungary2024 overtook Sweden
LatviaUnited Arab EmiratesSaudi ArabiaTaiwan, ChinaLithuania

Real annual global ranks, 2000 - 2024. Latvia climbed from #16 to #12 (overtook Hungary). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2006
Fell 16 places in global rank auto
2011
Climbed 19 places in global rank auto
2012
Fell 26 places in global rank auto
2013
Climbed 31 places in global rank auto
2014
Fell 16 places in global rank auto
2015
Fell 18 places in global rank auto
2016
Climbed 31 places in global rank auto
2018
Fell 23 places in global rank auto

Financing for Entrepreneurs, 2005-2024

GEM NES · 0-10 expert rating · linear scale · ranking in the race above
200520102015202020243.54.074.635.2

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