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Latvia

Latvia : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$14.83 billion (2011 est.)
$10.8 billion (2010 est.)

Exports

$12.03 billion (2011 est.)
$9.107 billion (2010 est.)

Inflation rate (consumer prices)

4.4% (2011 est.)
-1.1% (2010 est.)

Unemployment rate

15.4% (2011 est.)
18.4% (2010 est.)

GDP - per capita (PPP)

$15,900 (2011 est.)
$14,900 (2010 est.)
$14,900 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

-1.8% (2010 est.)
-18% (2009 est.)
-4.2% (2008 est.)

Internet users

1.504 million (2009)

Telephones - mobile cellular

2.306 million (2009)

Population growth rate

-0.598% (2012 est.)

Population

2,191,580 (July 2012 est.)

Historical background

The name "Latvia" originates from the ancient Latgalians, one of four eastern Baltic tribes that formed the ethnic core of the Latvian people (ca.

8th-12th centuries A.

D.

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Latvia

Economic overview

Latvia is a small, open economy with exports contributing significantly to its GDP.

Due to its geographical location, transit services are highly-developed, along with timber and wood-processing, agriculture and food products, and manufacturing of machinery and electronic devices.

The bulk of the country's economic activity, however, is in the services sector.

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The Economist Intelligence Unit

Country Forecast Latvia 2nd Quarter 2017 Updater

  • $ 559
  • Country report
  • May 2017
  • by The Economist Intelligence Unit

Latvia is governed by a three-party, centre-right coalition led by the prime minister, Maris Kucinskis, of the Union of Greens and Farmers (ZZS), who took over in February 2016 after the resignation ...

  • Countries : Latvia, Russian Federation

Oxford Economics

By Country Industry Forecasts > Latvia

  • $ 220
  • Country report
  • June 2017
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : Latvia

ISA

Latvia - ISA Country Report

  • $ 99
  • Country report
  • July 2017
  • by ISA

This report contains detailed forecasts and analysis for Latvia, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Latvia

MarketLine

Latvia: In-depth PEST insights

  • $ 350
  • Country report
  • May 2017
  • by MarketLine

Latvia: In-depth PEST insights Summary This PEST country analysis report on Latvia provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant ...

  • Countries : Latvia

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