In 2020, Latvia’s State Revenue Service (VID) collected a total of EUR 9.863 billion for the state budget, down by EUR 640.423 million or by 6.1% from the original plan, according to information published by the service. Compared to 2019, VID’s total collected general budget revenue has dropped by EUR 53.216 million or by 0.5%.…
In November 2020, the number of foreign and resident visitors comprised 50.3 thousand, down by 44.2% MoM and by 72.3% YoY. As compared to November of the previous year, the number of nights spent by visitors reduced by 66% and comprised 121.9 thousand nights. After the emergency situation was declared in the country on November…
Although last year there was a slight increase in unemployment in Latvia, the second wave of Covid-19 has yet to leave a tangible effect, said the director of the Latvian State Employment Agency (NVA) Evita Simsone. “The current unemployment level is slightly up, and so far we have yet to see any major influence from…
Freight volume handled in the Port of Liepaja in 2020 fell by 10% YoY, to 6,603,200 tons, the Port Authority reported. In the reporting period, handling of grain and cereal products declined by 0.5%, to 2,879,700 tons, handling of anthracite fell almost 4-fold, to 272,700 tons, building materials – by 17.7%, to 740,000 tons, while…
In 2020, the port of Ventspils handled 12.9 million tons of cargo, down by 37% YoY, the Port Authority statistics said. In December 2020, the port handled 1.07 million tons of cargo, including 697,000 tons of liquid bulk cargo, 183,000 tons of dry bulk cargo and 188,000 tons of general cargo. In the reporting period,…
As passenger carrying services to and from Britain resume, Riga International Airport expects to receive 634 passengers from this country, as confirmed by the airport’s representative Laura Kulakova. On January 2, following the reopening of passenger services, Riga airport received a total of 179 passengers from Britain. On January 3, it was planned to receive…
58% of residents in Latvia have a good credit rating, and the pandemic has not significantly impacted their ability to make payments on time. For 34% of residents loans in banks are not available because of their low credit rating, according to statistical data from the Credit Information Bureau on residents’ credit rating in December.…