Uruguay (38th) is the most prosperous country in Latin America and the Caribbean, ranking 16th in the world for Personal Freedom and 28th for Governance. More than 90% of survey respondents were satisfied with their degree of freedom to choose what to do with their lives.
Read MoreLatvia 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.