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Office in Latvia
Kr.Valdemara 33-8b, LV-1010, Riga
Tel. + 371 67217421
E-mail: latvia@baltcham.ch
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Latvia
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Geography Area | 64.589 km2 | Population | About 2,281 millions, Latvians 58%, Russians 30%, Belarusians 4%, less Ukrainians and Poles | Borders | Estonia 343 km, Russia 282 km, Belarus 167 km, Lithuania 576 km | Capital | Riga | Degree of Urbanisation | 60% | Language | Latvian (official), Russian, English is also widely spoken | Time zone | Central European Time + 1 hour | Structure | 26 counties (singular - rajons) and 7 municipalities | Religion | Evangelical Lutheran 55%, Catholics 24%, Russian-Orthodox 9% | Nature | Low plain, most of the country is composed of fertile, low-lying plains, with some hills in the east | Climate | Transitional, between maritime and continental; wet, moderate winters and summers. |
Politics State | Republic of Latvia (Latvijas Republika) | Form of government | Parliamentary democracy | National day | Independence Day, 18 November (1918) | Head of the State | Valdis Zatlers | Prime Minister | Prime Minister Ivars Godmanis | Parliament | Unicameral Parliament or Saeima (10 seats; members are elected by direct, popular vote to serve four-year terms) |
Economy Currency | 1 Lats (Ls)= 100 Santims | GDP (06) | 16 billion EUR | GDP per capita (06) | EUR 7002 | GDP growth (06) | 11,9% | Inflation (average,5 years) | 6.9% | External trade (06) | Exports: 4683,98 million EUR; wood and wood products, machinery and equipment, metals and metl products, textiles, foodstuffs Imports: 9051,94 million EUR; machinery and mechanical equipment, chemicals, fuels, vehicles, mineral products | Unemployment rate (06) | 6,8% | Major industries | Buses, vans, street and railroad cars, synthetic fibers, agricultural machinery, fertilizers, washing machines, radios, electronics, pharmaceuticals, processed foods, textiles; note - dependent on imports for energy and raw materials |
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