Key Market Indicators
Latvian TV broadcasting revenue is projected to climb to €46 million by 2028, up from €43 million in 2023, reflecting an average annual growth rate of 1.4%. This marks a steady increase from 2013, when the market grew by an average of 0.8% annually. In 2023, Latvia ranked 24th in the global market, with Lithuania surpassing it at €43 million. Leading the ranking were the United Kingdom, Germany, and Spain, occupying the second, third, and fourth spots respectively.