Economic
European Commission: 'Latvia’s economy is set to stagnate in 2024'
The European Commission warns that Latvia's economy is expected to stagnate in 2024 due to weak external demand and subdued domestic investment.
The European Commission has issued a statement indicating that Latvia’s economy is projected to stagnate in 2024, citing weak external demand, cautious business investment, and continued tight fiscal policy as key factors. The assessment highlights risks to export‑dependent sectors and cautions that any further deterioration in the external environment could deepen the slowdown. The outlook underscores the vulnerability of Latvia’s growth model to external shocks and calls for structural reforms to boost competitiveness and resilience.
- Status
- active
- Location
- Latvia
- Date added
- 2026-03-24 18:26 UTC
- Last updated
- 2026-03-24 18:26 UTC
- Source
- https://www.lsm.lv
- Connected threats
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- Not Available