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Aliases: Latvian Soviet Socialist Republic, Latvija, Latvijas Republika, Republic of LatviaObject «Latvia» was created due to
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| Attribute | Value |
|---|---|
| Geography | |
| Area | 64,589 km² |
| Continent | Europe |
| Land area | 62,249 km² |
| Water area | 2,340 km² |
| Land boundaries | 1,370 km |
| Border countries |
|
| Coastline | 498 km |
| Mean elevation | 87 m |
| Lowest point | 0 m |
| Highest point | 312 m |
| People | |
| Population | 1,881,232 |
| Official languages |
|
| Religion | Lutheran |
| Government | |
| Long country name | Republic of Latvia |
| Short country name | Latvia |
| Long local name | Latvijas Republika |
| Short local name | Latvija |
| Former name |
|
| Government type | Parliamentary republic |
| Capital | Riga |
| Economy | |
| GDP (PPP) | 54,020,000,000 USD |
| GDP (OER) | 30,330,000,000 USD |
| GDP (real growth rate) | 4.5 % |
| GDP - per capita (PPP) | 27,700 USD |
| Gross national saving | 20.7 % of GDP |
| Labor force | 990,000 |
| Unemployment rate | 8.7 % |
| Population below poverty line | 25.5 % |
| Budget revenues | 11,390,000,000 USD |
| Budget expenditures | 11,530,000,000 USD |
| Military expenditures | 2.01 % of GDP |
| Taxes and other revenues | 37.5 % of GDP |
| Budget surplus or deficit | -0.5 % of GDP |
| Public debt | 36.3 % of GDP |
| Inflation rate | 2.9 % |
| Central bank discount rate | 0 % |
| Commercial bank prime lending rate | 2.58 % |
| Stock of narrow money | 12,910,000,000 USD |
| Stock of broad money | 12,910,000,000 USD |
| Stock of domestic credit | 17,270,000,000 USD |
| Market value of publicly traded shares | 6,760,000,000 USD |
| Current account balance | -231,000,000 USD |
| Exports | 12,840,000,000 USD |
| Imports | 15,790,000,000 USD |
| Reserves of foreign exchange and gold | 4,614,000,000 USD |
| External debt | 40,020,000,000 USD |
| National currency | lati |
| National currency (code) | LVL |
| National currency (symbol) | Ls |
| National currency rate to USD | 0.885 |
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.
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There was one edit, no edits waiting approval. Last edited by avery54(9375), Sep 16, 2019 (65 fields were changed)
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