
Sweden (2nd) is the Western European country whose prosperity has deteriorated the most over the last ten years. Since 2011, it has experienced a deterioration in six of the Index’s 12 pillars, with the greatest deteriorations seen in Governance, Social Capital, and Investment Environment.
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Latvia is 31st in the overall Prosperity Index rankings. Since 2011, Latvia has moved up the rankings table by 6 places.
Latvia performs most strongly in Natural Environment and Personal Freedom but is weakest in Social Capital. The biggest improvement compared to a decade ago came in Health.
Visit our Rankings table to see how Latvia compares to other countries.