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Europe :: Latvia Print
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LATVIA
  • Introduction :: Latvia
  • Background field listing
    Several eastern Baltic tribes merged in medieval times to form the ethnic core of the Latvian people (ca. 8th-12th centuries A.D.). The region subsequently came under the control of Germans, Poles, Swedes, and finally, Russians. A Latvian republic emerged following World War I, but it was annexed by the USSR in 1940 - an action never recognized by the US and many other countries. Latvia reestablished its independence in 1991 following the breakup of the Soviet Union. Although the last Russian troops left in 1994, the status of the Russian minority (some 26% of the population) remains of concern to Moscow. Latvia acceded to both NATO and the EU in the spring of 2004; it joined the euro zone in 2014 and the OECD in 2016. A dual citizenship law was adopted in 2013, easing naturalization for non-citizen children.
  • Geography :: Latvia
  • Location field listing
    Eastern Europe, bordering the Baltic Sea, between Estonia and Lithuania
    Geographic coordinates field listing
    57 00 N, 25 00 E
    Map references field listing
    Europe
    Area field listing
    total: 64,589 sq km
    land: 62,249 sq km
    water: 2,340 sq km
    country comparison to the world: 125
    Area - comparative field listing
    slightly larger than West Virginia
    Land boundaries field listing
    total: 1,370 km
    border countries (4): Belarus 161 km, Estonia 333 km, Lithuania 544 km, Russia 332 km
    Coastline field listing
    498 km
    Maritime claims field listing
    territorial sea: 12 nm
    exclusive economic zone: limits as agreed to by Estonia, Finland, Latvia, Sweden, and Russia
    continental shelf: 200 m depth or to the depth of exploitation
    Climate field listing
    maritime; wet, moderate winters
    Terrain field listing
    low plain
    Elevation field listing
    mean elevation: 87 m
    elevation extremes: 0 m lowest point: Baltic Sea
    312 highest point: Gaizina Kalns
    Natural resources field listing
    peat, limestone, dolomite, amber, hydropower, timber, arable land
    Land use field listing
    agricultural land: 29.2% (2011 est.)
    arable land: 18.6% (2011 est.) / permanent crops: 0.1% (2011 est.) / permanent pasture: 10.5% (2011 est.)
    forest: 54.1% (2011 est.)
    other: 16.7% (2011 est.)
    Irrigated land field listing
    12 sq km (2012)

    note: land in Latvia is often too wet and in need of drainage not irrigation; approximately 16,000 sq km or 85% of agricultural land has been improved by drainage

    Population distribution field listing
    largest concentration of people is found in and around the port and capital city of Riga; small agglomerations are scattered throughout the country
    Natural hazards field listing
    large percentage of agricultural fields can become waterlogged and require drainage
    Environment - current issues field listing
    while land, water, and air pollution are evident, Latvia's environment has benefited from a shift to service industries after the country regained independence; improvements have occurred in drinking water quality, sewage treatment, household and hazardous waste management, as well as reduction of air pollution; concerns include nature protection and the management of water resources and the protection of the Baltic Sea
    Environment - international agreements field listing
    party to: Air Pollution, Air Pollution-Persistent Organic Pollutants, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands
    signed, but not ratified: none of the selected agreements
    Geography - note field listing
    most of the country is composed of fertile low-lying plains with some hills in the east
  • People and Society :: Latvia
  • Population field listing
    1,923,559 (July 2018 est.)
    country comparison to the world: 150
    Nationality field listing
    noun: Latvian(s)
    adjective: Latvian
    Ethnic groups field listing
    Latvian 62%, Russian 25.4%, Belarusian 3.3%, Ukrainian 2.2%, Polish 2.1%, Lithuanian 1.2%, other 3.8% (2017 est.)
    Languages field listing
    Latvian (official) 56.3%, Russian 33.8%, other 0.6% (includes Polish, Ukrainian, and Belarusian), unspecified 9.4% (2011 est.)

    note: data represent language usually spoken at home

    Religions field listing
    Lutheran 19.6%, Orthodox 15.3%, other Christian 1%, other 0.4%, unspecified 63.7% (2006)
    Age structure field listing
    0-14 years: 15.24% (male 150,514 /female 142,580)
    15-24 years: 9.16% (male 90,980 /female 85,302)
    25-54 years: 41.36% (male 396,677 /female 398,972)
    55-64 years: 14.38% (male 123,611 /female 153,007)
    65 years and over: 19.85% (male 125,709 /female 256,207) (2018 est.)
    population pyramid: population pyramid
    Dependency ratios field listing
    total dependency ratio: 52.5 (2015 est.)
    youth dependency ratio: 23.1 (2015 est.)
    elderly dependency ratio: 29.4 (2015 est.)
    potential support ratio: 3.4 (2015 est.)
    Median age field listing
    total: 43.9 years
    male: 40 years
    female: 47.3 years (2018 est.)
    country comparison to the world: 16
    Population growth rate field listing
    -1.1% (2018 est.)
    country comparison to the world: 227
    Birth rate field listing
    9.6 births/1,000 population (2018 est.)
    country comparison to the world: 197
    Death rate field listing
    14.5 deaths/1,000 population (2018 est.)
    country comparison to the world: 5
    Net migration rate field listing
    -6.1 migrant(s)/1,000 population (2017 est.)
    country comparison to the world: 198
    Population distribution field listing
    largest concentration of people is found in and around the port and capital city of Riga; small agglomerations are scattered throughout the country
    Urbanization field listing
    urban population: 68.1% of total population (2018)
    rate of urbanization: -0.93% annual rate of change (2015-20 est.)
    Major urban areas - population field listing
    637,000 RIGA (capital) (2018)
    Sex ratio field listing
    at birth: 1.05 male(s)/female (2017 est.)
    0-14 years: 1.05 male(s)/female (2017 est.)
    15-24 years: 1.07 male(s)/female (2017 est.)
    25-54 years: 0.98 male(s)/female (2017 est.)
    55-64 years: 0.79 male(s)/female (2017 est.)
    65 years and over: 0.48 male(s)/female (2017 est.)
    total population: 0.85 male(s)/female (2017 est.)
    Mother's mean age at first birth field listing
    27.2 years (2014 est.)
    Maternal mortality rate field listing
    18 deaths/100,000 live births (2015 est.)
    country comparison to the world: 130
    Infant mortality rate field listing
    total: 5.1 deaths/1,000 live births (2018 est.)
    male: 5.5 deaths/1,000 live births (2018 est.)
    female: 4.7 deaths/1,000 live births (2018 est.)
    country comparison to the world: 175
    Life expectancy at birth field listing
    total population: 74.9 years (2018 est.)
    male: 70.4 years (2018 est.)
    female: 79.7 years (2018 est.)
    country comparison to the world: 118
    Total fertility rate field listing
    1.52 children born/woman (2018 est.)
    country comparison to the world: 193
    Health expenditures field listing
    5.9% of GDP (2014)
    country comparison to the world: 106
    Physicians density field listing
    3.21 physicians/1,000 population (2015)
    Hospital bed density field listing
    5.8 beds/1,000 population (2013)
    Drinking water source field listing
    improved: urban: 99.8% of population
    rural: 98.3% of population
    total: 99.3% of population
    unimproved: urban: 0.2% of population
    rural: 1.7% of population
    total: 0.7% of population (2015 est.)
    Sanitation facility access field listing
    improved: urban: 90.8% of population (2015 est.)
    rural: 81.5% of population (2015 est.)
    total: 87.8% of population (2015 est.)
    unimproved: urban: 9.2% of population (2015 est.)
    rural: 18.5% of population (2015 est.)
    total: 12.2% of population (2015 est.)
    HIV/AIDS - adult prevalence rate field listing
    0.7% (2016 est.)
    country comparison to the world: 54
    HIV/AIDS - people living with HIV/AIDS field listing
    6,600 (2016 est.)
    country comparison to the world: 112
    HIV/AIDS - deaths field listing
    <500 (2016 est.)
    Major infectious diseases field listing
    degree of risk: intermediate (2016)
    vectorborne diseases: tickborne encephalitis (2016)
    Obesity - adult prevalence rate field listing
    23.6% (2016)
    country comparison to the world: 65
    Education expenditures field listing
    5.3% of GDP (2014)
    country comparison to the world: 59
    Literacy field listing
    definition: age 15 and over can read and write (2015 est.)
    total population: 99.9% (2015 est.)
    male: 99.9% (2015 est.)
    female: 99.9% (2015 est.)
    School life expectancy (primary to tertiary education) field listing
    total: 16 years (2014)
    male: 16 years (2014)
    female: 17 years (2014)
    Unemployment, youth ages 15-24 field listing
    total: 17.3% (2016 est.)
    male: 21.4% (2016 est.)
    female: 12.1% (2016 est.)
    country comparison to the world: 76
  • Government :: Latvia
  • Country name field listing
    conventional long form: Republic of Latvia
    conventional short form: Latvia
    local long form: Latvijas Republika
    local short form: Latvija
    former: Latvian Soviet Socialist Republic
    etymology: 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.)
    Government type field listing
    parliamentary republic
    Capital field listing
    name: Riga
    geographic coordinates: 56 57 N, 24 06 E
    time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time)
    daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
    Administrative divisions field listing

    110 municipalities (novadi, singular - novads) and 9 cities

    municipalities: Adazu Novads, Aglonas Novads, Aizkraukles Novads, Aizputes Novads, Aknistes Novads, Alojas Novads, Alsungas Novads, Aluksnes Novads, Amatas Novads, Apes Novads, Auces Novads, Babites Novads, Baldones Novads, Baltinavas Novads, Balvu Novads, Bauskas Novads, Beverinas Novads, Brocenu Novads, Burtnieku Novads, Carnikavas Novads, Cesu Novads, Cesvaines Novads, Ciblas Novads, Dagdas Novads, Daugavpils Novads, Dobeles Novads, Dundagas Novads, Durbes Novads, Engures Novads, Erglu Novads, Garkalnes Novads, Grobinas Novads, Gulbenes Novads, Iecavas Novads, Ikskiles Novads, Ilukstes Novads, Incukalna Novads, Jaunjelgavas Novads, Jaunpiebalgas Novads, Jaunpils Novads, Jekabpils Novads, Jelgavas Novads, Kandavas Novads, Karsavas Novads, Keguma Novads, Kekavas Novads, Kocenu Novads, Kokneses Novads, Kraslavas Novads, Krimuldas Novads, Krustpils Novads, Kuldigas Novads, Lielvardes Novads, Ligatnes Novads, Limbazu Novads, Livanu Novads, Lubanas Novads, Ludzas Novads, Madonas Novads, Malpils Novads, Marupes Novads, Mazsalacas Novads, Mersraga Novads, Nauksenu Novads, Neretas Novads, Nicas Novads, Ogres Novads, Olaines Novads, Ozolnieku Novads, Pargaujas Novads, Pavilostas Novads, Plavinu Novads, Preilu Novads, Priekules Novads, Priekulu Novads, Raunas Novads, Rezeknes Novads, Riebinu Novads, Rojas Novads, Ropazu Novads, Rucavas Novads, Rugaju Novads, Rujienas Novads, Rundales Novads, Salacgrivas Novads, Salas Novads, Salaspils Novads, Saldus Novads, Saulkrastu Novads, Sejas Novads, Siguldas Novads, Skriveru Novads, Skrundas Novads, Smiltenes Novads, Stopinu Novads, Strencu Novads, Talsu Novads, Tervetes Novads, Tukuma Novads, Vainodes Novads, Valkas Novads, Varaklanu Novads, Varkavas Novads, Vecpiebalgas Novads, Vecumnieku Novads, Ventspils Novads, Viesites Novads, Vilakas Novads, Vilanu Novads, Zilupes Novads;

    cities: Daugavpils, Jekabpils, Jelgava, Jurmala, Liepaja, Rezekne, Riga, Valmiera, Ventspils

    Independence field listing
    4 May 1990 (declared independence from the Soviet Union); 6 September 1991 (recognized by the Soviet Union)
    National holiday field listing
    Independence Day (Republic of Latvia Proclamation Day), 18 November (1918); note - 18 November 1918 was the date Latvia established its statehood and its concomitant independence from Soviet Russia; 4 May 1990 was the date it declared the restoration of Latvian statehood and its concomitant independence from the Soviet Union
    Constitution field listing
    history: several previous (pre-1991 independence); note - following the restoration of independence in 1991, parts of the 1922 constitution were reintroduced 4 May 1990 and fully reintroduced 6 July 1993 (2016)
    amendments: proposed by two-thirds of Parliament members or by petition of one-tenth of qualified voters submitted through the president; passage requires at least two-thirds majority vote of Parliament in each of three readings; amendment of constitutional articles including national sovereignty, language, the parliamentary electoral system, and constitutional amendment procedures requires passage in a referendum by majority vote of at least one-half of the electorate; amended several times, last in 2014 (2016)
    International law organization participation field listing
    has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
    Citizenship field listing
    citizenship by birth: no
    citizenship by descent only: at least one parent must be a citizen of Latvia
    dual citizenship recognized: no
    residency requirement for naturalization: 5 years
    Suffrage field listing
    18 years of age; universal
    Judicial branch field listing
    highest courts: Supreme Court (consists of the Senate with 27 judges and Supreme Court of Chambers with 22 judges); Constitutional Court (consists of 7 judges)
    judge selection and term of office: Supreme Court judges nominated by chief justice and confirmed by the Saeima; judges serve until age 70, but term can be extended 2 years; Constitutional Court judges - 3 nominated by Saeima members, 2 by Cabinet ministers, and 2 by plenum of Supreme Court; all judges confirmed by Saeima majority vote; Constitutional Court president and vice president serve in their positions for 3 years; all judges serve 10-year terms; mandatory retirement at age 70
    subordinate courts: district (city) and regional courts
    Executive branch field listing
    chief of state: President Raimonds VEJONIS (since 8 July 2015)
    head of government: Prime Minister Maris KUCINSKIS (since 11 February 2016); Deputy Prime Minister Arvils ASERADENS (since 11 February 2016)
    cabinet: Cabinet of Ministers nominated by the prime minister, appointed by Parliament
    elections/appointments: president indirectly elected by Parliament for a 4-year term (eligible for a second term); election last held on 3 June 2015 (next to be held in 2019); prime minister appointed by the president, confirmed by Parliament
    election results: Raimonds VEJONIS elected president; Parliament vote - Raimonds VEJONIS 55 of 100
    Legislative branch field listing
    description: unicameral Parliament or Saeima (100 seats; members directly elected in multi-seat constituencies by party list proportional representation vote; members serve 4-year terms)
    elections: last held on 6 October 2018 (next to be held in October 2022)
    election results: percent of vote by party - SDPS 19.8%, KPV LV 14.3%, JKP 13.6%, AP! 12%, NA 11%, ZZS 9.9%, V 6.7%, other 12.7%; seats by party - SDPS 23, KPV LV 16, JKP 16, AP! 13, NA 13, ZZS 11, V 8; composition - men 69, women 31, percent of women 31%
    Political parties and leaders field listing
    Development/For! or AP! [Daniels PAVLUTS, Juris PUCE]
    National Alliance "All For Latvia!"-"For Fatherland and Freedom/LNNK" or NA [Raivis DZINTARS] New Conservative Party or JKP [Janis BORDANS]
    Social Democratic Party "Harmony" or SDPS [Nils USAKOVS] Union of Greens and Farmers or ZZS [Armands KRAUZE] Unity or V [Arvils ASERADENS]
    Who Owns the State? or KPV LV [Artuss KAIMINS]
    International organization participation field listing
    Australia Group, BA, BIS, CBSS, CD, CE, EAPC, EBRD, ECB, EIB, EMU, ESA (cooperating state), EU, FAO, IAEA, IBRD, ICAO, ICC (NGOs), ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, ITUC (NGOs), MIGA, NATO, NIB, NSG, OAS (observer), OIF (observer), OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UNHCR, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO
    Diplomatic representation in the US field listing
    chief of mission: Ambassador Andris TEIKMANIS (since 16 September 2016)
    chancery: 2306 Massachusetts Ave. NW, Washington, DC 20008
    telephone: [1] (202) 328-2840
    FAX: [1] (202) 328-2860
    Diplomatic representation from the US field listing
    chief of mission: Ambassador Nancy Bikoff PETTIT (since 8 September 2015)
    embassy: 1 Samnera Velsa St, Riga LV-1510
    mailing address: Embassy of the United States of America, 1 Samnera Velsa St, Riga, LV-1510, Latvia
    telephone: [371] 6710-7000
    FAX: [371] 6710-7050
    Flag description field listing
    three horizontal bands of maroon (top), white (half-width), and maroon; the flag is one of the older banners in the world; a medieval chronicle mentions a red standard with a white stripe being used by Latvian tribes in about 1280
    National symbol(s) field listing
    white wagtail (bird); national colors: maroon, white
    National anthem field listing
    name: "Dievs, sveti Latviju!" (God Bless Latvia)
    lyrics/music: Karlis BAUMANIS

    note: adopted 1920, restored 1990; first performed in 1873 while Latvia was a part of Russia; banned during the Soviet occupation from 1940 to 1990

  • Economy :: Latvia
  • Economy - overview field listing

    Latvia is a small, open economy with exports contributing more than half of 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 electronics industries. Corruption continues to be an impediment to attracting foreign direct investment and Latvia's low birth rate and decreasing population are major challenges to its long-term economic vitality.

    Latvia's economy experienced GDP growth of more than 10% per year during 2006-07, but entered a severe recession in 2008 as a result of an unsustainable current account deficit and large debt exposure amid the slowing world economy. Triggered by the collapse of the second largest bank, GDP plunged by more than 14% in 2009 and, despite strong growth since 2011, the economy took until 2017 return to pre-crisis levels in real terms. Strong investment and consumption, the latter stoked by rising wages, helped the economy grow by more than 4% in 2017, while inflation rose to 3%. Continued gains in competitiveness and investment will be key to maintaining economic growth, especially in light of unfavorable demographic trends, including the emigration of skilled workers, and one of the highest levels of income inequality in the EU.

    In the wake of the 2008-09 crisis, the IMF, EU, and other international donors provided substantial financial assistance to Latvia as part of an agreement to defend the currency's peg to the euro in exchange for the government's commitment to stringent austerity measures. The IMF/EU program successfully concluded in December 2011, although, the austerity measures imposed large social costs. The majority of companies, banks, and real estate have been privatized, although the state still holds sizable stakes in a few large enterprises, including 80% ownership of the Latvian national airline. Latvia officially joined the World Trade Organization in February 1999 and the EU in May 2004. Latvia also joined the euro zone in 2014 and the OECD in 2016.

    GDP (purchasing power parity) field listing
    $54.02 billion (2017 est.)
    $51.67 billion (2016 est.)
    $50.55 billion (2015 est.)

    note: data are in 2017 dollars

    country comparison to the world: 108
    GDP (official exchange rate) field listing
    $30.33 billion (2017 est.) (2017 est.)
    GDP - real growth rate field listing
    4.5% (2017 est.)
    2.2% (2016 est.)
    3% (2015 est.)
    country comparison to the world: 64
    GDP - per capita (PPP) field listing
    $27,700 (2017 est.)
    $26,200 (2016 est.)
    $25,500 (2015 est.)

    note: data are in 2017 dollars

    country comparison to the world: 76
    Gross national saving field listing
    20.7% of GDP (2017 est.)
    21% of GDP (2016 est.)
    21.8% of GDP (2015 est.)
    country comparison to the world: 91
    GDP - composition, by end use field listing
    household consumption: 61.8% (2017 est.)
    government consumption: 18.2% (2017 est.)
    investment in fixed capital: 19.9% (2017 est.)
    investment in inventories: 1.5% (2017 est.)
    exports of goods and services: 60.6% (2017 est.)
    imports of goods and services: -61.9% (2017 est.)
    GDP - composition, by sector of origin field listing
    agriculture: 3.9% (2017 est.)
    industry: 22.4% (2017 est.)
    services: 73.7% (2017 est.)
    Agriculture - products field listing
    grain, rapeseed, potatoes, vegetables; pork, poultry, milk, eggs; fish
    Industries field listing
    processed foods, processed wood products, textiles, processed metals, pharmaceuticals, railroad cars, synthetic fibers, electronics
    Industrial production growth rate field listing
    10.6% (2017 est.)
    country comparison to the world: 12
    Labor force field listing
    990,000 (2017 est.)
    country comparison to the world: 144
    Labor force - by occupation field listing
    agriculture: 7.7%
    industry: 24.1%
    services: 68.1% (2016 est.)
    Unemployment rate field listing
    8.7% (2017 est.)
    9.6% (2016 est.)
    country comparison to the world: 124
    Population below poverty line field listing
    25.5% (2015)
    Household income or consumption by percentage share field listing
    lowest 10%: 26.3% (2015)
    highest 10%: 26.3% (2015)
    Distribution of family income - Gini index field listing
    34.5 (2015)
    35.4 (2014)
    country comparison to the world: 102
    Budget field listing
    revenues: 11.39 billion (2017 est.)
    expenditures: 11.53 billion (2017 est.)
    Taxes and other revenues field listing
    37.5% (of GDP) (2017 est.)
    country comparison to the world: 54
    Budget surplus (+) or deficit (-) field listing
    -0.5% (of GDP) (2017 est.)
    country comparison to the world: 62
    Public debt field listing
    36.3% of GDP (2017 est.)
    37.4% of GDP (2016 est.)

    note: data cover general government debt, and includes debt instruments issued (or owned) by government entities, including sub-sectors of central government, state government, local government, and social security funds

    country comparison to the world: 147
    Fiscal year field listing
    calendar year
    Inflation rate (consumer prices) field listing
    2.9% (2017 est.)
    0.1% (2016 est.)
    country comparison to the world: 130
    Central bank discount rate field listing
    0% (31 December 2017 est.)
    0.05% (31 December 2015 est.)
    country comparison to the world: 155
    Commercial bank prime lending rate field listing
    2.58% (31 December 2017 est.)
    2.61% (31 December 2016 est.)
    country comparison to the world: 181
    Stock of narrow money field listing
    $12.91 billion (31 December 2017 est.)
    $10.71 billion (31 December 2016 est.)
    country comparison to the world: 78
    Stock of broad money field listing
    $12.91 billion (31 December 2017 est.)
    $10.71 billion (31 December 2016 est.)
    country comparison to the world: 79
    Stock of domestic credit field listing
    $17.27 billion (31 December 2017 est.)
    $15.11 billion (31 December 2016 est.)
    country comparison to the world: 94
    Market value of publicly traded shares field listing
    $6.76 billion (31 December 2016 est.)
    $6.799 billion (31 December 2015 est.)
    $7.127 billion (31 December 2014 est.)
    country comparison to the world: 80
    Current account balance field listing
    -$231 million (2017 est.)
    $378 million (2016 est.)
    country comparison to the world: 99
    Exports field listing
    $12.84 billion (2017 est.)
    $11.35 billion (2016 est.)
    country comparison to the world: 83
    Exports - partners field listing
    Lithuania 15.8%, Russia 14%, Estonia 10.9%, Germany 6.9%, Sweden 5.7%, UK 4.9%, Poland 4.3%, Denmark 4.1% (2017)
    Exports - commodities field listing
    foodstuffs, wood and wood products, metals, machinery and equipment, textiles
    Imports field listing
    $15.79 billion (2017 est.)
    $13.61 billion (2016 est.)
    country comparison to the world: 87
    Imports - commodities field listing
    machinery and equipment, consumer goods, chemicals, fuels, vehicles
    Imports - partners field listing
    Lithuania 17.6%, Germany 11.7%, Poland 8.7%, Estonia 7.6%, Russia 7.1%, Netherlands 4.2%, Finland 4.2%, Italy 4% (2017)
    Reserves of foreign exchange and gold field listing
    $4.614 billion (31 December 2017 est.)
    $3.514 billion (31 December 2016 est.)
    country comparison to the world: 97
    Debt - external field listing
    $40.02 billion (31 March 2016 est.)
    $38.19 billion (31 March 2015 est.)
    country comparison to the world: 74
    Stock of direct foreign investment - at home field listing
    $18.84 billion (31 December 2017 est.)
    $15.36 billion (31 December 2016 est.)
    country comparison to the world: 82
    Stock of direct foreign investment - abroad field listing
    $3.402 billion (31 December 2017 est.)
    $2.485 billion (31 December 2016 est.)
    country comparison to the world: 80
    Exchange rates field listing
    lati (LVL) per US dollar -
    0.906 (2017 est.)
    0.9037 (2016 est.)
    0.9037 (2015 est.)
    0.9012 (2014 est.)
    0.7525 (2013 est.)
  • Energy :: Latvia
  • Electricity access field listing
    electrification - total population: 100% (2016)
    Electricity - production field listing
    6.241 billion kWh (2016 est.)
    country comparison to the world: 115
    Electricity - consumption field listing
    6.798 billion kWh (2016 est.)
    country comparison to the world: 109
    Electricity - exports field listing
    3.795 billion kWh (2016 est.)
    country comparison to the world: 38
    Electricity - imports field listing
    4.828 billion kWh (2016 est.)
    country comparison to the world: 39
    Electricity - installed generating capacity field listing
    2.932 million kW (2016 est.)
    country comparison to the world: 98
    Electricity - from fossil fuels field listing
    39% of total installed capacity (2016 est.)
    country comparison to the world: 173
    Electricity - from nuclear fuels field listing
    0% of total installed capacity (2017 est.)
    country comparison to the world: 125
    Electricity - from hydroelectric plants field listing
    53% of total installed capacity (2017 est.)
    country comparison to the world: 33
    Electricity - from other renewable sources field listing
    8% of total installed capacity (2017 est.)
    country comparison to the world: 87
    Crude oil - production field listing
    0 bbl/day (2017 est.)
    country comparison to the world: 159
    Crude oil - exports field listing
    0 bbl/day (2017 est.)
    country comparison to the world: 152
    Crude oil - imports field listing
    0 bbl/day (2017 est.)
    country comparison to the world: 150
    Crude oil - proved reserves field listing
    0 bbl (1 January 2018 est.)
    country comparison to the world: 155
    Refined petroleum products - production field listing
    0 bbl/day (2017 est.)
    country comparison to the world: 163
    Refined petroleum products - consumption field listing
    44,600 bbl/day (2017 est.)
    country comparison to the world: 111
    Refined petroleum products - exports field listing
    16,180 bbl/day (2017 est.)
    country comparison to the world: 72
    Refined petroleum products - imports field listing
    54,370 bbl/day (2017 est.)
    country comparison to the world: 77
    Natural gas - production field listing
    0 cu m (2017 est.)
    country comparison to the world: 155
    Natural gas - consumption field listing
    1.218 billion cu m (2017 est.)
    country comparison to the world: 88
    Natural gas - exports field listing
    0 cu m (2017 est.)
    country comparison to the world: 136
    Natural gas - imports field listing
    1.246 billion cu m (2017 est.)
    country comparison to the world: 58
    Natural gas - proved reserves field listing
    0 cu m (2014 est.)
    country comparison to the world: 156
    Carbon dioxide emissions from consumption of energy field listing
    8.632 million Mt (2017 est.)
    country comparison to the world: 114
  • Communications :: Latvia
  • Telephones - fixed lines field listing
    total subscriptions: 342,097 (2017 est.)
    subscriptions per 100 inhabitants: 18 (2017 est.)
    country comparison to the world: 109
    Telephones - mobile cellular field listing
    total subscriptions: 2,464,122 (2017 est.)
    subscriptions per 100 inhabitants: 127 (2017 est.)
    country comparison to the world: 144
    Telephone system field listing
    general assessment: recent efforts focused on bringing competition to the telecommunications sector; the number of fixed lines is decreasing as mobile-cellular telephone service expands; EU regulatory policies, and framework provide guidelines for growth; govt. adopted measures to build a national fibre broadband network, part-funded by European Commission; commercial 5G services in 2019  (2017)
    domestic: fixed-line 18 per 100 and mobile-cellular 127 per 100 subscriptions (2017)
    international: country code - 371; the Latvian network is now connected via fiber-optic cable to Estonia, Finland, and Sweden (2016)
    Broadcast media field listing
    several national and regional commercial TV stations are foreign-owned, 2 national TV stations are publicly owned; system supplemented by privately owned regional and local TV stations; cable and satellite multi-channel TV services with domestic and foreign broadcasts available; publicly owned broadcaster operates 4 radio networks with dozens of stations throughout the country; dozens of private broadcasters also operate radio stations (2007)
    Internet country code field listing
    .lv
    Internet users field listing
    total: 1,570,374 (July 2016 est.)
    percent of population: 79.9% (July 2016 est.)
    country comparison to the world: 120
    Broadband - fixed subscriptions field listing
    total: 525,679 (2017 est.)
    subscriptions per 100 inhabitants: 27 (2017 est.)
    country comparison to the world: 80
  • Transportation :: Latvia
  • National air transport system field listing
    number of registered air carriers: 3 (2015)
    inventory of registered aircraft operated by air carriers: 47 (2015)
    annual passenger traffic on registered air carriers: 2,527,368 (2015)
    annual freight traffic on registered air carriers: 2,277,996 mt-km (2015)
    Civil aircraft registration country code prefix field listing
    YL (2016)
    Airports field listing
    42 (2013)
    country comparison to the world: 101
    Airports - with paved runways field listing
    total: 18 (2017)
    over 3,047 m: 1 (2017)
    2,438 to 3,047 m: 3 (2017)
    1,524 to 2,437 m: 4 (2017)
    914 to 1,523 m: 3 (2017)
    under 914 m: 7 (2017)
    Airports - with unpaved runways field listing
    total: 24 (2013)
    under 914 m: 24 (2013)
    Heliports field listing
    1 (2013)
    Pipelines field listing
    928 km gas, 415 km refined products (2013)
    Railways field listing
    total: 2,239 km (2008)
    narrow gauge: 33 km 0.750-m gauge (2008)
    broad gauge: 2,206 km 1.520-m gauge (2008)
    country comparison to the world: 70
    Roadways field listing
    total: 70,192 km (2016)
    paved: 14,959 km (2016)
    unpaved: 55,233 km (2016)
    country comparison to the world: 67
    Waterways field listing
    300 km (navigable year-round) (2010)
    country comparison to the world: 92
    Merchant marine field listing
    total: 65 (2017)
    by type: general cargo 15, oil tanker 8, other 42 (2017)
    country comparison to the world: 105
    Ports and terminals field listing
    major seaport(s): Riga, Ventspils
  • Military and Security :: Latvia
  • Military expenditures field listing
    1.7% of GDP (2017)
    1.47% of GDP (2016)
    1.05% of GDP (2015)
    0.94% of GDP (2014)
    0.94% of GDP (2013)
    country comparison to the world: 65
    Military branches field listing
    National Armed Forces (Nacionalie Brunotie Speki): Land Forces (Latvijas Sauszemes Speki), Navy (Latvijas Juras Speki, includes Coast Guard (Latvijas Kara Flote)), Latvian Air Force (Latvijas Gaisa Speki), Latvian Home Guard (Latvijas Zemessardze) (2017)
    Military service age and obligation field listing
    18 years of age for voluntary male and female military service; no conscription; under current law, every citizen is entitled to serve in the armed forces for life (2016)
  • Transnational Issues :: Latvia
  • Disputes - international field listing
    Russia demands better Latvian treatment of ethnic Russians in Latviaboundary demarcated with Latvia and Lithuaniathe Latvian parliament has not ratified its 1998 maritime boundary treaty with Lithuania, primarily due to concerns over oil exploration rightsas a member state that forms part of the EU's external border, Latvia has implemented the strict Schengen border rules with Russia
    Refugees and internally displaced persons field listing
    stateless persons: 233,571 (2017); note - individuals who were Latvian citizens prior to the 1940 Soviet occupation and their descendants were recognized as Latvian citizens when the country's independence was restored in 1991; citizens of the former Soviet Union residing in Latvia who have neither Latvian nor other citizenship are considered non-citizens (officially there is no statelessness in Latvia) and are entitled to non-citizen passports; children born after Latvian independence to stateless parents are entitled to Latvian citizenship upon their parents' request; non-citizens cannot vote or hold certain government jobs and are exempt from military service but can travel visa-free in the EU under the Schengen accord like Latvian citizens; non-citizens can obtain naturalization if they have been permanent residents of Latvia for at least five years, pass tests in Latvian language and history, and know the words of the Latvian national anthem
    Illicit drugs field listing
    transshipment and destination point for cocaine, synthetic drugs, opiates, and cannabis from Southwest Asia, Western Europe, Latin America, and neighboring Baltic countries; despite improved legislation, vulnerable to money laundering due to nascent enforcement capabilities and comparatively weak regulation of offshore companies and the gaming industry; CIS organized crime (including counterfeiting, corruption, extortion, stolen cars, and prostitution) accounts for most laundered proceeds