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24Peaks / Europe / Latvia / Number of New Business Registrations and Bankruptcies

Latvia - Number of New Business Registrations and Bankruptcies 8218

World Bank WDI · updated 2026-10-15 · 183 economies tracked

Latest value

8218 (2024)

Global rank

##77 of 183 economies

vs global median

0.7×

Growth since 2006

0.72×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#15#29#43#57#71#8520062011201620212024#46#772023 overtook Guatemala2024 overtook Montenegro
LatviaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. Latvia climbed from #46 to #77 (overtook Guatemala). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2010
Climbed 16 places in global rank auto
2023
Overtook Guatemala in global rank auto
2024
Overtook Montenegro in global rank auto

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
20062011201620212024725310,48213,71216,941

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Related indicators

Number of Import Partners, Number of Export Partners

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