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  • 29-September-2017

    English, PDF, 354kb

    Latvia Policy Brief: Strengthening the education and skills system of Latvia

    Concerted efforts are necessary to ensure equal opportunities for all students throughout the education lifecycle, including through more generous and targeted grants for low-income students at vocational and tertiary education levels.

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  • 29-September-2017

    English, PDF, 344kb

    Latvia Policy Brief: Inequality - Improving policies to reduce inequality in Latvia

    Latvia faces high levels of income inequality and poverty. The tax and redistribution system only partially alleviates inequalities resulting from market incomes. Long-term unemployment and inadequate minimum social protection drive poverty among the working-age population.

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  • 29-September-2017

    English, PDF, 343kb

    Latvia Policy Brief: Promoting better access to care while delivering health care more effectively

    Within a context of lower resources and higher health needs than in many OECD countries, Latvia’s health system delivers relatively efficient and effective care to the population, however, existing financial and geographical barriers to care are important drivers of unmet health care needs.

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  • 25-September-2017

    English

    Latvia: time to reboot inclusive productivity growth

    Latvia’s economy is growing strongly. Driven by the recovery of exports and investment as well as strong private consumption, real GDP growth is expected to strengthen from 2% in 2016 to around 4% this year and next.

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  • 15-September-2017

    English

    OECD Economic Surveys: Latvia 2017

    Latvia’s economy has grown robustly in recent years on the back of a strong track record in implementing structural reforms, despite a challenging international environment. Rising wages have supported household consumption. After a severe setback in 2008-09, catch-up with higher income OECD countries may have resumed. Government finances are solid and financial market confidence in Latvia is strong. Private sector indebtedness is now lower than in many OECD economies. Export performance, including diversification of products and destinations, is improving, but Latvia’s participation in global value chains is modest. Latvia’s exports still rely heavily on low value-added, natural resource intensive products, reflecting in part skills shortages and weak innovation. Unemployment remains high, although it has fallen. Many young Latvians emigrate. Informal economic activity is still widespread.High long-term unemployment, weak social safety nets and high labour taxes for workers on low pay contribute to widespread poverty. Many low-income households are inadequately housed. High out-of-pocket payments limit access of low-income households to health services. Improving access to housing, health care, education and training would improve economic opportunities for low-income households and requires additional government spending.SPECIAL FEATURES : MOVING UP THE GLOBAL VALUE CHAIN; ECONOMIC AND SOCIAL INFRASTRUCTURE

  • 13-June-2017

    English, PDF, 267kb

    OECD Employment Outlook 2017: Key findings for Latvia

    Unemployment in Latvia has been on a downward trajectory since it reached a record high of 20.4% at the height of the global financial crisis (Q1 2010). It is now 9.7%, but it remains above the OECD average of 6.2%.

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  • 20-March-2017

    English

    Corporate Governance in Latvia

    The Review of Corporate Governance in Latvia was prepared as part of the process of Latvia’s accession to OECD Membership. The report describes the corporate governance setting for both listed companies and the state-owned sector (SOEs). The Review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented. The report finds that Latvia's framework for the corporate governance of listed companies is largely consistent with the Principles. However, the report recommends a series of measures to further strengthen the corporate governance framework, which could help to deepen its currently small capital market and attract investment. For SOEs, the report recognises considerable reforms undertaken during the accession review process to establish an ownership co-ordination unit and to begin re-establishing boards of directors (which had been abolished in 2009). The report calls for consolidation of these reforms and also stresses the importance of clarifying SOE objectives and strategies, and enhancing disclosure.

  • 8-December-2016

    English

    OECD Science, Technology and Innovation Outlook national policy profiles

    As part of the STI Outlook 2016, the OECD has released policy profiles by country. These include cross-country analyses that draw on the first joint EC-OECD survey on STI policies. They focus on major STI policy areas, instruments and trends.

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  • 6-December-2016

    English

    PISA 2015 key findings for Latvia

    This country note presents student performance in science, reading and mathematics, and measures equity in education in Latvia. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).

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  • 21-September-2016

    English

    OECD Reviews of Health Systems: Latvia 2016

    Latvia’s health system broadly delivers effective and efficient care to the population within a context of significantly fewer resources – and higher health care needs – than most OECD countries. Latvia has successfully consolidated its hospital sector and strengthened primary care. Average length of stay in hospital fell by almost 15% between 2005 and 2013, and GPs are now required to follow up on patients who called for emergency medical assistance but were not hospitalised. OECD health systems could learn much from these reforms as well as longer-standing institutions, such as Latvia’s feldshers (physician assistants). Latvia nevertheless faces important challenges to improve the performance of its health system. Up to one in five Latvians report forgoing health care because of the cost; waiting times for key diagnostic and treatment services can be long; and inclusion of key treatments in the publicly-funded benefits basket does not always reflect latest best practice. Critically, the health system lags behind many OECD countries in the extent to which data are used to systematically measure, compare and improve the performance of services, especially at more granular provider or local levels. This review aims to support Latvia in continuing reform of its health system, informed by international best practice.
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