Analytics, Economics, Latvia, Stability, Statistics

58% of respondents said that the current economic situation in Latvia is very bad, which though is slightly less than in June – 61%.

The survey results also reveal that 82% of respondents believe that the Latvian economy is heading the wrong, and just 6% believe that Latvia is on the right track.

31% of respondents in July said that the economic situation in Latvia is rather bad than good, and 9% described it as mediocre.

68% said that the economic situation is in decline, compared to 74% in June, and 26% said that the situation is not changing, when in June 21% said so.

Only 13% of residents said in July that the economic situation in Latvia would improve in a year; 47% said that it would get worse yet, compared to 56% in June.

46% of respondents also said that they are completely dissatisfied with the government's work.

13% of respondents believe their financial situation will improve in a year (9% in June), 32% said that it would probably not change (28%), whereas 36% said that their financial situation would not improve in a year's time.

The survey also reveals that 63% of Latvian residents believe that finding a good job in Latvia is very hard, which is slightly more than in June.