The crisis affected harshly GDP, employment and wages in Latvia
Population is ageing at the same pace as the OECD average
The Latvian population is ageing due to the shrinking of the working-age population
Migration reduces the Latvian population considerably
Life expectancy is low in Latvia, both currently and in the future
Latvian public expenditure is among the lowest among OECD countries
Public expenditure in Latvia is very low in all social areas except for pensions and incapacity related benefits
Old-age poverty is high in Latvia
Old-age relative poverty is highly volatile
Gross and net theoretical replacement rates are below OECD average
There is little pension progressivity in Latvia