Latvian education is world class and it offers higher education in different fields ranging from Social sciences to Medicine. It is a high income country with very high Human Development Index. It is also a member of European Union. It has the second highest number of students proportionate to the size of population in the world.

The Latvian policy of science and technology set out the long term goal – transition from labor-consuming economy to knowledge-based economy. By 2020 the government aims at a 1.5% GDP funding for research and development, with half of the investments coming from the private sector. Latvia develops their scientific potential on the basis of the existing scientific traditions, particularly in organic chemistry, medical chemistry, genetic engineering, physics, materials science and information technologies. The highest numbers of inventions, which are patented both nationwide and abroad, are made in the branch of medical chemistry.

It ranked 1st in the Environmental Performance Index and 4th in the Sustainable Society Index in 2012. Moreover, according to speedtest.net Latvia has one of the fastest Internet download and upload speeds in the world with an average download speed of 46.5 Mbit/s and upload speed of 43.7 Mbit/s.