The trends and forecasts for Latvian main social indicators in 2021 – Institute of Economics
Task of the science is to serve
people.

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Science is the captain, and
practice the soldiers.

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The fantasy is more important
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Science – it means organized
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Freedom for the science the
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Research area of all sciences is
endless.

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System of science must be
looked at as the system of
nature: all in it is endless and
necessary.

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Scientific plan without working
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The main research subject of
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All is important in science.

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Books must be results of
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Scientist is not the one, who
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one, who asks the right
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The more we will seek for the
truth outside us, the more we
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who we are, the more the truth
will assert us in ourselves.

– Antonio Meneghetti –

Before being dictated the nature
needs to be obeyed.

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A true scientist is not one who
has more acquired, but one who
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Science – to know how the
being acts. To know the action
of the being.

– Antonio Meneghetti –

Science is benefactor of
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– Berthelot –

Home » News » The trends and forecasts for Latvian main social indicators in 2021

The trends and forecasts for Latvian main social indicators in 2021

Original publication available at the China-CEE Institute website.

Introduction

During the first half of 2021, the government will continue the fight against Covid-19 pandemic. Immunization of the population is the main priority for this period. However, there are several obstacles for the citizens’ vaccination, one of them is the absence of an appropriate, realistic, and efficient plan of vaccination.

Demographic situation in Latvia is worsen yearly, the population is decreasing and ageing, the government need to introduce long-term measures.

The unemployment rate can increase this year up to 10% due to the tax reform, leaving a lot of entrepreneurs and their employees without work. Latvians believe that this year will not bring significant positive changes in the financial situation, most people think that it will remain unchanged.

National minimum monthly wage (gross) has been increased in Latvia from EUR 430 to EUR 500 in 2021. However, it is still less than this indicator in the neighbour Baltic countries and EU average minimum wage rate.

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