
2021-03-27
Latvia’s recovery builds on construction and EU support
The 2020 recession is due to a fall in consumption representing 58% of GDP. The industry is expected to be driven by housing demand and major infrastructures.
The 2020 recession is due to a fall in consumption representing 58% of GDP. The industry is expected to be driven by housing demand and major infrastructures.
The lack of investment weighs on real prospects and opportunities in the medium to long term, as private investment has been below the EU average for years.