Information and Communication Technologies (ICT)

ICT is one of the fastest-growing industries in Latvia, and Riga is leading the way as the largest ICT hub in the Baltics with robust digital public services (5th in the EU), 94% of overall fixed broadband coverage and innovative plans of using 5G network. ICT sector contributes 4.3% of total GDP.

~ 6,996 companies active in the ICT sector (2019): 

  • 114 - ICT equipment
  • 501 - the telecommunications industry
  • > 5,000 – other ICT services
  • 527 - ICT equipment sales


The number of employees in the ICT sector >  37,000.

The foreign trade surplus of ICT services EUR 466 million. 

The main trade partners of ICT services are Sweden, USA, and Ireland.

Key Benefits

  • Riga is the largest ICT hub in the Baltics
  • 1st in ICT exports in Baltics 
  • 3rd in the world in mobile data usage 
  • 94% of overall fixed broadband coverage 
  • 16th fastest internet speed in the world
  • 10% of the average annual growth rate of ICT industry value-added 
  • 5th in the EU in digital public services
  • 1st in innovations in the Baltics 
  • The most startup-friendly country in the world
  • First 5G military test site in Europe
  • 1st in Europe in terms of ICT students per 1 M population

Main subsectors

IT support, Telecom, Software development, Cloud solutions, AI, Automation & Robotics.

Key Players

  • SAF
  • TietoEvry
  • TET
  • LMT
  • Mikrotik
  • Lightspace



Latvian companies in the industry:

Latvian Information Technology and Communications Association:

Latvian Open Technology Association 

Latvian Internet Association:

Association of Computer Technologies of Latvia:

Latvian IT Cluster:

Latvian Electrical Engineering And Alectronics Association (LETERA)

Microsoft innovation centre

If you need an assistance

We are your first point of contact if you're interested in Riga as a place for investment, business development, or film production. We will assist and help with the right people and organizations without added cost. Get in touch and let's make things happen.

This website uses mandatory cookies.With your consent, cookies necessary for statistics and marketing may also be used on this website.
If you accept additional cookies, please select your choice: