Original publication available at the China-CEE Institute website
Latvian economy in 2020 has faced significant difficulties due to Covid-19 crisis. However, due to governmental support measures and conscious behaviour of society the consequences are less than they could be. In this briefing the main outcomes of this year are analysed and compared to the previous year and situation in Europe in general. Key indicators of economic development, which are considered and analysed are the following:
- Gross domestic product rate (GDP);
- Wages and salaries level;
- Expenditure approach;
- Unemployment rate;
- Business environment situation.
Full publication can be found here.
*This article has been made in cooperation with China-CEE institute and is the intellectual property of China-CEE institute