Key Market Indicators
The number of Latvian rail companies is predicted to drop to 9.45 units by 2026, a decrease of 5.1% from 2021's total of 13.3. Since 1995, the country has seen an 18.1% decrease in rail companies. In 2021, Latvia was ranked 13th in the world, with Spain coming in first with 13.3 units. Following Spain were Hungary, France and Switzerland, who were ranked second, third, and fourth respectively.
