Protest and civil unrestHigh
Protest activity is high and periodically disrupts business districts and roads.
Country risk assessment ยท Europe
Latvia political and security risk assessment
Latvia carries a low level of political and security risk for business. It scores 16 out of 100 on the Zed Three World Threat Map (band 1 of 5), down 1 on last week and broadly stable over the last 12 weeks. Last updated Nov 2, 2026.
16of 100
Low
Band 1 of 5
▼ Down 1 on last week
Europe
Latvia
What is the political and security risk in Latvia right now?
Latvia carries a low level of political and security risk for business. It scores 16 out of 100 on the Zed Three World Threat Map (band 1 of 5), down 1 on last week and broadly stable over the last 12 weeks.
Little changed at Low, with no standing risk flags.
On the economic side, real GDP grew 2.1% in 2025 with inflation at 3.7%.
What are the main risks of operating in Latvia?
Armed conflict and political violenceGuarded
Armed violence is occasional and mostly localized.
What has changed recently in Latvia?
Latvia moved down 1 this week and rose 1 point over the last 12 weeks, from 15 to 16.
What happens next? Outlook for the next 1 to 3 months
We assess it is highly likely that Latvia stays in the Low band through the end of December.
80 to 90%
0%50%100%
Likelihood ranges are editorial judgments, not advice.
What does it mean for shipping, supply chains and operations?
Trade equals 130% of GDP (2025 data). A highly open economy, so local disruption travels quickly through supplier networks.
Operating conditions are normal. Standard security precautions apply.
Key facts
GDPUS$48.6 billionLatest data, 2025
Real GDP growth2.1%Latest data, 2025
Inflation3.7%Latest data, 2025
Trade130% of GDPLatest data, 2025
Food exports22% of goods exportsLatest data, 2025
Population1.8 millionLatest data, 2025
How has the Latvia threat score moved?
Frequently asked questions
What is the political and security risk in Latvia for business?
Latvia carries a low level of political and security risk for business. It scores 16 out of 100 on the Zed Three World Threat Map (band 1 of 5), down 1 on last week and broadly stable over the last 12 weeks.
What are the main geopolitical risks of operating in Latvia?
The main risk drivers are protest and civil unrest (high); armed conflict and political violence (guarded). Protest activity is high and periodically disrupts business districts and roads.
What is the outlook for Latvia?
We assess it is highly likely (80 to 90%) that Latvia stays in the Low band through the end of December.
How often is the Latvia risk assessment updated?
The Latvia threat score is updated weekly on the Zed Three World Threat Map, and this assessment is reviewed monthly. It was last updated Nov 2, 2026.
Related country assessments
Published by Zed Three, a private, independent risk intelligence company. Assessment last updated Nov 2, 2026. Threat score updated weekly, last on Nov 2, 2026. General analysis for informational purposes, not security, legal or investment advice.
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