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Latvia Background Information

After a brief period of independence between the two World Wars, Latvia was annexed by the USSR in 1940 - an action never recognized by the US and many other countries. It 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 30% of the population) remains of concern to Moscow. Latvia joined both NATO and the EU in the spring of 2004.

Latvia Quickstats

  • Population: 2,259,810 (July 2007 est.)
  • Area: 64,589 sq km
  • Density: 36 /km² (166th)
  • GDP (total): $29.214 billion (95th)
  • GDP (per capita): $15,549 (51st)
  • Literacy: 99.7%

Languages of Latvia

Useful to know

  • Currency: Lats (Ls) (LVL)
  • Dial code: +371

International Trade

External sites

More Resources

Latvia Internet

  • Usage: 810,000
  • Penetration: 35.1 %
  • Top Domain: .lg

WT eBusiness info:

  • Success Ranking: 100
  • Market testing: Untested
  • Overall risk: High
  • Overall reward: Low

e-maturity:

  • Tourism: 10%
  • eCommerce: 10%
  • Gaming: 10%
  • eLearning: 10%

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