The population is shrinking
Active Labour Market Policies should be strengthened
Health-care spending is very low
Exports have underperformed
The COVID-19 crisis has hit hard, and vaccination has lagged
Latvia is still catching up steadily to its most affluent trading partners
The poverty rate is high, especially for the elderly
Fiscal support in the first year of the pandemic was adequate
A fiscal consolidation strategy is needed to prepare for ageing pressures
Taxes and transfers do not moderate income inequality much