Latvia

Official Name: The Republic of Latvia
Sovereign Status: Sovereign Country
Government Type: Parliamentary Republic
Official Name (Local Language): Latvijas Republika
ISO Country Codes: LV : LVA
Internet Domain: .lv
Government Web Site: https://www.mfa.gov.lv/
Capital: Riga Main Airports: Riga International Airport
Language(s): Latvian;Russian Population: 1,842,226
Currency: Euro ISO Currency Code: EUR
Telephone Dial In: +371 ID Prefix: 00




Latvia

Government Website: https://www.mfa.gov.lv/
Sovereign Ratings: https://countryeconomy.com/ratings/latvia
Central Bank: Bank of Latvia
GDP: $60.457 billion (2021 est.)
GDP Pro Capita (PPP): $32,100 (2021 est.)
Currency & USD Exchange Rate: Euro
Currency Code: EUR
World Bank Classification: High-Income Economy

GDP Composition:

Agriculture: 4.8% grain, rapeseed, potatoes, vegetables; pork, poultry, milk, eggs; fish
Industry: 24.4% processed foods, processed wood products, textiles, processed metals, pharmaceuticals, railroad cars, synthetic fibers, electronics
Services: 70.8%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Nasdaq Riga ;

National Statistics Office:

National Dataset(s):

Latvia


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Latvian
Customs & Excise: Ministry of Finance
Development Bank(s): Altum; The Social Development Bank in Europe; The European Bank for Reconstruction and Development;
National Standards Bureau: Latvian Standard
Competitive Ind’l Performance: 41/141 (2019) Corruption Perceptions Index: 39/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 40/136 (2016)
Global Trade Alert Search ITC's Lega Carta



Export Credit & Insurance More

Export Insurance Agency: Altum - Latvian Guarantee Agency ;

Investment & Export Promotion More



Latvia

British Chambers of Commerce Overseas
The British Chamber of Commerce in Latvia
The BCCL is a members' association set up in 1996 to foster business relationships between Latvia and the UK. We run many events, both formal and informal, where business people can meet, compare notes, and make new contacts. The Chamber provides information to our members by sending out regular e-mail bulletins on news, events and business enquiries.

Joint-Venture Chambers of Commerce No resources available