| GDP : |
purchasing power parity - $23.9 billion (2003 est.) |
| GDP - Real Growth Rate : |
7.4% (2003 est.) |
| GDP - Per Capita : |
purchasing power parity - $10,200 (2003 est.) |
| GDP - Composition By Sector : |
agriculture: 4.5%
industry: 24.5%
services: 70.9% (2003) |
| Household Income or Consumption by Percentage : |
lowest 10%: 2.9%
highest 10%: 25.9% (1998) |
| Inflation Rate (Consumer Prices) : |
2.9% (2003 est.) |
| Labor Force : |
1.18 million (2003 est.) |
| Labor Force - By Occupation : |
agriculture 15%, industry 25%, services 60% (2000 est.) |
| Budget : |
revenues: $3.691 billion
expenditures: $3.871 billion, including capital expenditures of NA (2003 est.) |
| 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 |
| Industrial Production Growth Rate : |
8% (2003 est.) |
| Electricity - Production : |
4.365 billion kWh (2001) |
| Electricity - Production by Source : |
fossil fuel: 29.1%
hydro: 70.9%
nuclear: 0%
other: 0% (2001) |
| Electricity - Consumption : |
6.046 billion kWh (2001) |
| Electricity - Exports : |
703 million kWh (2001) |
| Electricity - Imports : |
2.69 billion kWh (2001) |
| Agriculture - Products : |
grain, sugar beets, potatoes, vegetables; beef, pork, milk, eggs; fish |
| Exports : |
$3 billion f.o.b. (2003 est.) |
| Exports - Commodities : |
wood and wood products, machinery and equipment, metals, textiles, foodstuffs |
| Exports - Partners : |
UK 20.5%, Germany 12.2%, Sweden 11.6%, US 10%, Estonia 4.7%, Russia 4.4%, Denmark 4.3% (2003 est.) |
| Imports : |
$4.921 billion f.o.b. (2003 est.) |
| Imports - Commodities : |
machinery and equipment, chemicals, fuels, vehicles |
| Imports - Partners : |
Germany 16%, Russia 14.3%, Lithuania 11%, Estonia 6.7%, Finland 5.7%, Sweden 5.5%, Italy 4.9% (2003 est.) |
| Debt - External : |
$6.793 billion (2003 est.) |
| Economic Aid - Recipient : |
$96.2 million (1995) |
| Currency : |
Latvian lat (LVL) |
| Currency Code : |
LVL |
| Exchange Rates : |
lati per US dollar - 0.5715 (2003), 0.6182 (2002), 0.6279 (2001), 0.6065 (2000), 0.5852 (1999) |
| Fiscal Year : |
Calendar Year |
