City Profile – Riga; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

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.

Scope

- 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.

Companies mentioned

Table of Contents

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21 ...

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21

Connectivity 22

Airports 23

Ports 24

Business Environment Analysis 25

Travel and Tourism 26

Tourism Flows 26

Hotels 28

Attractions 29

Events 30

Construction and Real Estate 31

Investment 31

Real Estate Market 32

Retail 33

Retail Market 33

Consumption, Income and Prices 33

Appendix 34

Sources 34

Further Reading 34

Ask the Analyst 34

About MarketLine 34

Disclaimer 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 ...

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 ...

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

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