Spain (24th) is the Western European country whose prosperity has improved most in the past decade, driven by a notable improvement in Safety and Security. There has been a sharp decline in property crime,while the percentage of people who have reported stolen property in the last year has fallen from 14% to 8%.
Read MoreLatvia is 31st in the overall Prosperity Index rankings. Since 2011, Latvia has moved up the rankings table by 6 places.
Latvia performs most strongly in Natural Environment and Personal Freedom but is weakest in Social Capital. The biggest improvement compared to a decade ago came in Health.
Visit our Rankings table to see how Latvia compares to other countries.