City Profile – Riga; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.
- Pages: 35
- Published: December 2018
- Report Code: ER0120CP
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.
Reasons to buy
- 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.
Table of Contents
City Snapshot 2
PEST Analysis 6
Technology and Infrastructure 21
Internal Transport Networks 21
Business Environment Analysis 25
Travel and Tourism 26
Tourism Flows 26
Construction and Real Estate 31
Real Estate Market 32
Retail Market 33
Consumption, Income and Prices 33
Further Reading 34
Ask the Analyst 34
About MarketLine 34
List of Tables
List of Tables
Table 1: Riga key facts (estimates), 2017 2
Table 2: Riga real GDP growth, 2000-25 9
Table 3: Riga economic growth comparison (Index 2010=100), 2000-25 11
Table 4: Riga GDP per capita comparison, 2000-25 (US$) 13
Table 5: Riga employment structure, 2000-25 (% of total) 15
Table 6: Riga main universities, 2019 16
Table 7: Riga population comparison, 2000-25 (million) 18
Table 8: Riga population by age, 2000-25 (% of total) 20
Table 9: Riga mass transit network indicators, 2017 22
Table 10: Riga International Airport key indicators 23
Table 11: Freeport of Riga key indicators 24
Table 12: Riga office rents, 2017 25
Table 13: Riga overnight visitors, 2012-17 26
Table 14: Riga overnight stays, 2012-17 27
Table 15: Riga international arrivals based on country of origin, 2016 27
Table 16: Riga number of accommodation establishments and rooms, 2013-17 28
Table 17: Riga number of hotels, 2013-17 28
Table 18: Riga number of hotel rooms, 2013-17 29
Table 19: Riga UNESCO World Heritage Sites 29
Table 20: Riga MICE and other events 30
List of Figures
List of Figures
Figure 1: Riga real GDP growth, 2000-25 8
Figure 2: Riga economic growth comparison (Index 2010=100), 2000-25 10
Figure 3: Riga GDP per capita comparison, 2000-25 12
Figure 4: Riga employment structure, 2000-25 (% of total) 14
Figure 5: Riga population comparison, 2000-25 17
Figure 6: Riga population by age, 2000-25 (% of total) 19