Riga metropolitan area or Riga city is spread across an area of about 247km2. It is a bustling business, industrial and financial center of the Baltics. The area has a strong presence of industry and service sectors. The area's economy is dominated by tourism, financial intermediation, real estate; wholesale and retail trade; hotels and restaurants.
“City Profile – Riga” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Riga. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
- The service sectors remain the key contributors to the regional economy – and the major employers.
- Riga is a key tourist destinations in Latvia, for both domestic and international tourists. The tourism and hospitality sectors are experiencing a healthy growth.
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
Technology and Infrastructure
Internal Transport Networks
Business Environment Analysis
Travel and Tourism
Construction and Real Estate
Real Estate Market
Consumption, Income and Prices
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About the Author
List of Tables
Table 1: Riga – key facts (estimates), 2017
Table 2: Riga – real GDP growth, 2000-25
Table 3: Riga – economic growth comparison (Index 2010=100), 2000-25
Table 4: Riga – GDP per capita comparison, 2000-25 (US$)
Table 5: Riga – employment structure, 2000-25 (% of total)
Table 6: Riga – main universities, 2019
Table 7: Riga – population comparison, 2000-25 (million)
Table 8: Riga – population by age, 2000-25 (% of total)
Table 9: Riga – mass transit network indicators, 2017
Table 10: Riga International Airport – key indicators
Table 11: Freeport of Riga – key indicators
Table 12: Riga – office rents, 2017
Table 13: Riga – overnight visitors, 2012-17
Table 14: Riga – overnight stays, 2012-17
Table 15: Riga – international arrivals based on country of origin, 2016
Table 16: Riga – number of accommodation establishments and rooms, 2013-17
Table 17: Riga – number of hotels, 2013-17
Table 18: Riga – number of hotel rooms, 2013-17
Table 19: Riga – UNESCO World Heritage Sites
Table 20: Riga – MICE and other events
List of Figures
Figure 1: Riga – real GDP growth, 2000-25
Figure 2: Riga – economic growth comparison (Index 2010=100), 2000-25
Figure 3: Riga – GDP per capita comparison, 2000-25
Figure 4: Riga – employment structure, 2000-25 (% of total)
Figure 5: Riga – population comparison, 2000-25
Figure 6: Riga – population by age, 2000-25 (% of total)