About
Ivars Godmanis is a Latvian politician who twice served as the Prime Minister of Latvia. He holds the distinction of being the first prime minister after Latvia regained its independence from the Soviet Union. Godmanis led the country through the challenging transition period following independence and later returned to the office of Prime Minister, navigating Latvia through economic difficulties.
Career Timeline
First Prime Minister of Latvia
Leads Latvia after regaining independence from the Soviet Union.
Steps down as PM
Resigns from his position as Prime Minister.
Minister of Finance
Serves as the Minister of Finance for Latvia.
Returns as Prime Minister
Becomes Prime Minister again during economic difficulties.
Government Collapse
Godmanis' government collapses amidst economic recession.
Consultant and Advisor
Continues to work as consultant on government and economic policy.
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Last updated: February 25, 2026