Latvia - Informality

Firms competing against unregistered firms (% of firms)

Definition: Firms competing against unregistered firms are the percentage of firms competing against unregistered or informal firms.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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• Country comparison
• Country ranking
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• Download data to Excel

Year	Value
2009	41.70
2013	27.10
2019	37.40

Firms formally registered when operations started (% of firms)

Definition: Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
2009	98.50
2013	98.00
2019	99.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment