Latvia and Covid-19: Preliminary impressions

Dzintars Mozgis, Normunds Vaivads

Research output: Other contribution


Like in other countries also in Latvia the COVID-19 pandemic has set numerous challenges having caused an unprecedented health-related and economic crisis. The International Monetary Fund (IMF) estimates that the global economy shrunk by 4.4 percent in 2020 and such a decline created the worst recession since the Great Depression of the 1930’s with the ongoing impact of COVID-19. The crisis undermined global financial stability, and large segments of the global economy ground to a standstill. Despite the development of new vaccines, uncertainty remains what recovery could look like.
Original languageEnglish
PublisherCentrum Balticum
Number of pages8
Publication statusPublished - Apr 2021

Publication series

NameBSR Policy Briefing
ISSN (Print)2342-3153


  • Covid-19
  • Latvia
  • economy
  • GDP

Field of Science*

  • 5.2 Economy and Business
  • 5.9 Other social sciences

Publication Type*

  • 6. Other publications


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