Cresques
en

Economic affairs in Latvia

5 public buyers declaring "Economic affairs" as their main activity in their TED notices, with at least ten supply contract award notices since November 2023. The most notices first.

In proportion

General government spending on goods, services and investment for economic affairs in Latvia came to €1.48 billion in 2024 (Eurostat, COFOG). How much of it reaches suppliers through tenders depends on how the country organises the sector — for example whether statutory health insurance is classified in government.

Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.

The market in numbers

Public supply contracts in Latvia: award notices published on TED from 2023-11 to 2026-11, by publication year.

Contracts awarded
403
in 247 award notices
Awarded value
€42.6M
from 84% of awards with a published value
Suppliers
143
with at least one award
Public buyers
14
in this sector
Contracts awarded by year
Contracts awarded by yearNov–Dec 2023: 44Nov–Dec 20232024: 14414420242025: 12212220252026: 1331332026
Table view
Contracts awarded by year
Nov–Dec 20234
2024144
2025122
2026133
Awarded value by year (EUR)
Awarded value by year (EUR)Nov–Dec 2023: €572.9K€572.9KNov–Dec 20232024: €14.8M€14.8M20242025: €13M€13M20252026: €14.3M€14.3M2026
Table view
Awarded value by year (EUR)
Nov–Dec 2023€572.9K
2024€14.8M
2025€13M
2026€14.3M
What they buy: contracts by product category
  1. Food, beverages, tobacco and related products123
    Food, beverages, tobacco and related products: 123
  2. Furniture39
    Furniture: 39
  3. Forestry and logging products31
    Forestry and logging products: 31
  4. Motor vehicles30
    Motor vehicles: 30
  5. Fuels23
    Fuels: 23
  6. Jewellery, watches and related articles21
    Jewellery, watches and related articles: 21
  7. Sand and clay13
    Sand and clay: 13
  8. Miscellaneous transport equipment and spare parts12
    Miscellaneous transport equipment and spare parts: 12
  9. Other111
    Other: 111
Table view
What they buy: contracts by product category
Food, beverages, tobacco and related products123
Furniture39
Forestry and logging products31
Motor vehicles30
Fuels23
Jewellery, watches and related articles21
Sand and clay13
Miscellaneous transport equipment and spare parts12
Other111
Where the buyers are (NUTS 2 region)
  1. Latvija403
    LV00
    Latvija: 403
Table view
Where the buyers are (NUTS 2 region)
Latvija403
Who wins, by company size as declared in the notice
Who wins, by company size as declared in the notice: Large companies 8.7%, Medium-sized 11.2%, Small 35.7%, Micro 6.5%, SME (size not stated) 2.7%, Size not stated 35.2%Large companies: 35 (8.7%)Medium-sized: 45 (11.2%)11%Small: 144 (35.7%)36%Micro: 26 (6.5%)SME (size not stated): 11 (2.7%)Size not stated: 142 (35.2%)35%
  • Large companies
  • Medium-sized
  • Small
  • Micro
  • SME (size not stated)
  • Size not stated
Table view
Who wins, by company size as declared in the notice
Large companies35 · 8.7%
Medium-sized45 · 11.2%
Small144 · 35.7%
Micro26 · 6.5%
SME (size not stated)11 · 2.7%
Size not stated142 · 35.2%
Foreign winners: where they are registered
  1. Netherlands6
    Netherlands: 6
  2. Lithuania5
    Lithuania: 5
  3. Germany3
    Germany: 3
  4. Estonia3
    Estonia: 3
  5. France2
    France: 2
  6. Ukraine2
    Ukraine: 2
Table view
Foreign winners: where they are registered
Netherlands6
Lithuania5
Germany3
Estonia3
France2
Ukraine2
Winners registered in Latvia, by turnover (latest filed accounts)
Winners registered in Latvia, by turnover (latest filed accounts): Under €2M turnover 31.5%, €2M–10M 32.4%, €10M–50M 15.7%, €50M and more 20.4%Under €2M turnover: 34 (31.5%)31%€2M–10M: 35 (32.4%)32%€10M–50M: 17 (15.7%)16%€50M and more: 22 (20.4%)20%
  • Under €2M turnover
  • €2M–10M
  • €10M–50M
  • €50M and more
Table view
Winners registered in Latvia, by turnover (latest filed accounts)
Under €2M turnover34 · 31.5%
€2M–10M35 · 32.4%
€10M–50M17 · 15.7%
€50M and more22 · 20.4%
Where the buyers are (city)
  1. Rīga202
    Rīga: 202
  2. Daugavpils188
    Daugavpils: 188
  3. Jaunkalsnava, Kalsnavas pag., Madonas nov.13
    Jaunkalsnava, Kalsnavas pag., Madonas nov.: 13
Table view
Where the buyers are (city)
Rīga202
Daugavpils188
Jaunkalsnava, Kalsnavas pag., Madonas nov.13

108 of 126 winning companies registered in Latvia have annual accounts in the open business registers; bands follow the EU SME turnover thresholds.

Awards to companies registered in Latvia

93.5%

Awards to companies registered in Latvia: 93.5%

26 awards went to companies registered elsewhere.

Share of the 5 biggest winners

25.6%

Share of the 5 biggest winners: 25.6%

Of all awards; a high share means a concentrated market.

Lots with a single bid

22.3%

Lots with a single bid: 22.3%

Among 403 awards whose notice states the number of tenders.

How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.

The buyers, the most award notices first

BuyerNotices
Augšdaugavas novada pašvaldības Centrālā pārvaldeDaugavpils94
Valsts ieņēmumu dienestsRīga48
Latvijas Investīciju un attīstības aģentūraRīga31
Latvijas BankaRīga28
RB Rail ASRīga13

Economic affairs across Europe · All sectors in Latvia · How to enter the Latvia market