BDO Latvia Assesses the Economic Impact of “EuroBasket 2025”
BDO Latvia Assesses the Economic Impact of “EuroBasket 2025”
The Latvian Basketball Association (LBS) has released new data on the economic impact of hosting the EuroBasket 2025 group stage and final round in Riga. A key part of this evaluation was delivered by BDO Latvia, which prepared the in-depth report “Analysis of the Economic Benefits of the 2025 European Basketball Championship.”
As one of the leading financial and business advisory firms in Latvia, BDO Latvia provided an objective, methodologically sound and internationally aligned analysis that supports strategic public decision-making regarding state funding and the hosting of major international sporting events.
BDO Latvia Analysis: Strong Economic Return for the State
Our study confirms that hosting EuroBasket 2025 has been a financially beneficial and sustainable investment for Latvia:
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Direct economic impact: €83 million
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Indirect economic impact: €51.5 million
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State budget contribution: nearly €10 million
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Tax revenues returned to the state: ~€15.5 million
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Total additional economic benefit: €52.3 million
According to BDO Latvia’s findings, every euro invested from the state budget generated €5.3 for the national economy, providing a solid argument for future decisions regarding the organisation of large-scale international events.
Our Expertise: Objectivity, Precision and Responsibility
In preparing this analysis, BDO Latvia relied on:
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internationally recognised economic impact assessment methodologies,
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detailed market data and modelling,
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comparisons with Latvian and international best practices.
Our goal was to deliver clear, transparent and reliable insights for government institutions, municipalities, and sports organisations — enabling data-driven decision-making and informed evaluation of investment outcomes.
The Tournament’s Broader Significance for Latvia
Beyond the measurable economic impact, EuroBasket 2025 significantly boosted Latvia’s international visibility:
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2.8 billion video views
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9.2 billion social media impressions
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15.2 million website visits
These results confirm Latvia’s capacity to host world-class events and highlight the strategic value of such investments.
BDO Latvia – a Trusted Partner for Data-Driven Decisions
BDO Latvia is proud to have contributed expertise that supports Latvia in evaluating the economic impact of major sporting events and planning a sustainable approach to future initiatives. Our report provides an important basis for public and sector-level discussions on the value and potential of hosting international competitions.