Imports$14.83 billion (2011 est.)
Exports$12.03 billion (2011 est.)
Inflation rate (consumer prices)4.4% (2011 est.)
Unemployment rate15.4% (2011 est.)
GDP - per capita (PPP)$15,900 (2011 est.)
National product real growth rate-1.8% (2010 est.)
Internet users1.504 million (2009)
Telephones - mobile cellular2.306 million (2009)
Population growth rate-0.598% (2012 est.)
Population2,191,580 (July 2012 est.)
About this country
Popular search for Latvia
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.
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....
The Economist Intelligence Unit
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