Key Market Indicators
Latvian Broadcasting Revenue is projected to climb to approximately €68 million by 2028, up from around €58 million in 2023. This marks a compound annual growth rate (CAGR) of 2.6%. Since 2015, the Latvian market has exhibited a steady annual growth rate of 3.1%. In the current year, Latvia is positioned at number 24 in the global rankings for broadcasting revenue. Lithuania narrowly edged ahead of Latvia, also reporting revenues of €58 million. Leading the rankings, the United Kingdom, Germany, and Spain took the second, third, and fourth spots, respectively.
