Latvia Listed Companies
Number of listed domestic companies CM.MKT.LDOM.NO
Latvia's listed companies was 56 in 2003, ranked 30th globally. This represents a 9.7% decrease from 2002. Data from World Bank, covering 1995–2003.
Overview
Latvia's listed companies stood at 56 in 2003, a decline of +6 from 2002. Latvia ranked 30th globally.
Latvia’s listed‑company count rose sharply from an all‑time trough of 17.00 in 1995 to a peak of 67.00 in 1998, before settling at 56.00 in 2003, placing the country 30th globally. The rapid expansion in the late 1990s reflects the post‑Soviet transition and liberalisation of capital markets, while the modest decline after the peak suggests a consolidation phase as firms merged or delisted. Compared with peers, Latvia’s 2003 figure of 56.00 is close to Ireland’s 55.00 and Portugal’s 57.00, indicating a comparable depth of equity markets among small open economies. The nine‑year coverage shows that after the 1998 high, the number of listed firms has remained relatively stable, hinting at a mature market structure. Continued integration with European financial systems and reforms aimed at improving corporate governance could revive growth, but without further incentives for private‑sector listings the trajectory is likely to stay flat.
Data & projection
| Year | Listed Companies | YoY change | Rank |
|---|---|---|---|
| 2003 | 56 | −6 | #30 |
| 2002 | 62 | −1 | #32 |
| 2001 | 63 | +0 | #35 |
| 2000 | 63 | −3 | #33 |
| 1999 | 66 | −1 | #34 |
| 1998 | 67 | +17 | #36 |
| 1997 | 50 | +16 | #27 |
| 1996 | 34 | +17 | #19 |
| 1995 | 17 | – | #8 |
Detected Pattern
Analysis
Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw listed companies improve within 24 months. View full analysis →
Frequently Asked Questions
Latvia's listed companies was 56 in 2003. Ranked 30th globally. This represents a 9.7% decrease from the previous year.
Latvia's listed companies peaked at 67 in 1998.
The lowest listed companies in Latvia was 17 in 1995.
Latvia ranks 30th globally in listed companies as of 2003.
The World Bank indicator code is CM.MKT.LDOM.NO. Data sourced from World Bank.
The listed companies of Latvia in 2003 was 56. This ranks 30th in the world.
Cite this page
@misc{historysaid_latvia_listed-companies,
title = {Latvia Listed Companies},
url = {https://historysaid.com/latvia/listed-companies/},
publisher = {HistorySaid},
year = {2026}
}