City Profile - Riga; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
Summary
“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.
Riga metropolitan area is situated in Latvia and covers an area of 10,192km2. 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. Spillover effect of geopolitical tension in Ukraine-Russia will further dampen the performnace of various sectors in 2023
Scope
- The service sectors remain the key contributors Riga metropolitan area's economy and the major employers.
- Riga stands out as a vital tourist hub within Latvia, attracting visitors from both within the country and abroad. However, the tourism and hospitality industries are anticipated to face ongoing challenges throughout 2022-23 due to geopolitical tensions leading to inflationary pressures and diminished consumer confidence in future expenditures.
- 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.
- 1. City Snapshot
- 2. PEST Analysis
- 2.1 Political
- 2.2 Economic
- 2.3 Social
- 3. Technology and Infrastructure
- 3.1 Communications
- 3.2 Internal Transport Networks
- 3.3 Connectivity
- 4. Airport
- 5. Port
- 6. Business Environment Analysis
- 7. Travel and Tourism
- 7.1 Tourism Flows
- 7.2 Hotels
- 7.3 Attractions
- 7.4 Events
- 8. Construction and Real Estate
- 8.1 Investment
- 8.2 Real Estate Market
- 9. Retail
- 9.1 Retail Market
- 9.2 Consumption, Income and Prices
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- List of Tables
- Table 1: Riga metropolitan area - key facts (estimates), 2021
- Table 2: Riga metropolitan area- real GDP and real GDP growth, 2000-30
- Table 3: Riga metropolitan area- economic growth comparison (Index 2010=100), 2000-30
- Table 4: Riga metropolitan area- GDP per capita comparison, 2000-30 ($)
- Table 5: Riga metropolitan area- employment structure, 2000-30 (% of total)
- Table 6: Riga metropolitan area - main universities, 2021
- Table 7: Riga metropolitan area - population comparison, 2000-30 (million)
- Table 8: Riga metropolitan area - population by age, 2000-30 (% of total)
- Table 9: Riga City - mass transit network indicators, 2021
- Table 10: Riga metropolitan area - Riga International Airport, key indicators, 2017-22*
- Table 11: Riga city - office rents, 2021
- Table 12: Riga city - tourist arrivals in hotels and accommodation establishments, 2018-22*
- Table 13: Riga city - international arrivals by country of residence, 2020-22*
- Table 14: Riga city - nights in hotels and accommodation establishments, 2018-22*
- Table 15: Riga city - accommodations, 2018-22*
- Table 16: Riga city - hotel KPIs, 2018-21
- Table 17: Riga metropolitan area - UNESCO World Heritage Sites
- Table 18: Riga metropolitan area - MICE and other events
- List of Figures
- Figure 1: Riga metropolitan area- real GDP and real GDP growth, 2000-30
- Figure 2: Riga metropolitan area- economic growth comparison (Index 2010=100), 2000-30
- Figure 3: Riga metropolitan area- GDP per capita comparison, 2000-30
- Figure 4: Riga metropolitan area- employment structure, 2000-30 (% of total)
- Figure 5: Riga metropolitan area - population comparison, 2000-30
- Figure 6: Riga metropolitan area - population by age, 2000-30 (% of total)
- Figure 5: Riga metropolitan area - population comparison, 2000-30
- Figure 6: Riga metropolitan area - population by age, 2000-30 (% of total)
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