Latvia
- Official Name:
- Republic of Latvia (Latvia)
- Area:
- 64.589 km 2
- Population (2007):
- 2.259.810 inhabitants
- Coastline:
- 531 km
- Capital:
- Riga
- Maritime Ports and terminals:
- Riga, Ventspils
- Maritime claims:
-
- Territorial sea: 12 nm
- Exclusive economic zone: 200 nm
- Continental shelf: 200-m depth or to the depth of exploitation
- Political divisions:
- 26 counties (singular - rajons) and 7 municipalities: Aizkraukles Rajons, Aluksnes Rajons, Balvu Rajons, Bauskas Rajons, Cesu Rajons, Daugavpils, Daugavpils Rajons, Dobeles Rajons, Gulbenes Rajons, Jekabpils Rajons, Jelgava, Jelgavas Rajons, Jurmala*, Kraslavas Rajons, Kuldigas Rajons, Liepaja, Liepajas Rajons, Limbazu Rajons, Ludzas Rajons, Madonas Rajons, Ogres Rajons, Preilu Rajons, Rezekne, Rezeknes Rajons, Riga, Rigas Rajons, Saldus Rajons, Talsu Rajons, Tukuma Rajons, Valkas Rajons, Valmieras Rajons, Ventspils, Ventspils Rajons
- Language(s):
- Latvian (official) 58,2%, Russian 37,5%, Lithuanian and other 4,3% (2000 census)
- National holiday:
- Independence Day, 18 November (1918); note - 18 November 1918 was the date Latvia declared itself independent from Soviet Russia; 4 May 1990 is when it declared the renewal of independence; 21 August 1991 was the date of de facto independence from the Soviet Union
- Nationality:
- Latvian(s)
- Official time:
- UTC 2. Daylight saving time: 1hr, begins last Sunday in March; ends last Sunday in October
- Member of:
- Australia Group, BA, BIS, CBSS, CE, EAPC, EBRD, EIB, EU, FAO, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, ITUC, MIGA, NATO, NIB, NSG, OAS (observer), OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNWTO, UPU, WCO, WEU (associate partner), WHO, WIPO, WMO, WTO
- Internet country code:
- .lv
Economic Profile
- Currency:
-
Latvian lat (LVL) - GDP - per capita (PPP):
- USD16.000 (2006 est.)
- GDP (official exchange rate):
- (2006 est.) USD 16.500.000.000
- PIB (Real growth rate:
- 11,9% (2006 est.)
- GDP (Composition by sector): (2006 est.)
-
- Agriculture: 3,7%
- Industry: 26,3%
- Services: 70%
- Labor force:
- 1.136.000 (2006 est.)
- Labor force - by occupation (2005):
-
- Agriculture 13%
- Industry: 19%
- Services 68%
- Unemployment rate:
- 6,5% (2006 est.)
- Inflation rate (Consumer prices):
- 6,8% (2006 est)
- Investment (Gross Fixed):
- 31,4% del PIB (2006 est.)
- Budget:
-
- Revenues: USD6.172.000.000
- Expenditures: USD6.450.000.000
- Public debt:
- 11% of GDP (2006 est.)
- Current account balance:
- USD -2.538.000.000 (2006 est.)
- Exports:
- USD 6.980.000.000 FOB (2006 est.)
- Exports - Commodities:
- Wood and wood products, machinery and equipment, metals, textiles, foodstuffs
- Exports - Partners:
- Lithuania 11%, Estonia 10,8%, Germany 10,2%, UK 10,2%, Russia 7,9%, Sweden 7,8%, Denmark 5,3%, Poland 5,3% (2005)
- Imports:
- USD 10.330.000.000 FOB (2006 est.)
- Imports - Commodities:
- Machinery and equipment, chemicals, fuels, vehicles
- Imports - partners:
- Germany 13,9%, Lithuania 13,6%, Russia 8,5%, Estonia 7,9%, Poland 6,4%, Finland 5,9%, Belarus 5,8%, Sweden 5,1% (2005)
- Reserves of foreign exchange and gold:
- USD 2.610.000.000 (2006 est.)
- Debt - external:
- USD 18.900.000.000 (2006)
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