European best destinations 2024 - Riga

Information and Communication Technologies (ICT)

ICT is one of the fastest-growing industries in Latvia. One of the main reasons for the development of the industry is a well-educated and highly qualified workforce. Various Latvian universities and colleges offer a wide selection of ICT-related programs where students can acquire the necessary skills and knowledge to help the industry develop rapidly. The ICT sector is also one of the largest export sectors.

Sector in numbers

  • 6.7 thousand companies
  • 40.5 thousand employed in the ICT sector
  • 4.7 billion ICT turnover
  • 6% of GDP
  • 598 million ICT sector profits
  • TOP 3 exporter among all industries

*2022 year's data from Latvian Information and communications technology association (LIKTA)

Main subsectors

  • IT support
  • Telecom
  • Software development
  • Cloud solutions
  • AI
  • Automation & Robotics

Key Players

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Useful links

Files for download

ICT sector in Riga 2024
Economic Profile of Riga 2024

If you need an assistance

We are your first point of contact if you're interested in Riga as a place for investment, business development, or film production. We will assist and help with the right people and organizations without added cost. Get in touch and let's make things happen.

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