Key Market Indicators
Latvia's greenhouse gas emissions are projected to remain steady at 6.5 million metric tons through 2028, unchanged from current levels in 2023. This lack of change represents a 0% compound annual growth rate (CAGR). Since 1995, Latvia has seen a gradual decline in greenhouse gas emissions, with an annual decrease of approximately 2.1%. In the global ranking for emissions in 2023, Latvia placed 28th. Leading just ahead of Latvia was Zambia, also reporting emissions of 6.5 million metric tons. Among the top emitters, Malaysia, Poland, and Kazakhstan secured the second, third, and fourth positions, respectively.
