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therland and Freedom/Latvian National Independence Movement or TB/LNNK [Roberts ZILE, Maris GRINBLATS]; Harmony Center or SC [Janis URBANOVICS, Nils USAKOVS]; Latvian Social Democratic Workers Party (Social Democrats) or LSDSP [Juris BOJARS]; Latvian Socialist Party or LSP [Alfreds RUBIKS]; New Democrats or JD [Maris GULBIS]; New Era Party or JL [Einars REPSE, Krisjanis KARINS]; People's Party or TP [Aigars KALVITIS]; The Union of Latvian Greens and Farmers Party or ZZS [Augusts BRIGMANIS] Political pressure groups and leaders: Headquarters for the Protection of Russian Schools (SHTAB) [Aleksandr KAZAKOV] International organization participation: Australia Group, BA, BIS, CBSS, CE, EAPC, EBRD, EIB, EU, FAO, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, ITUC, MIGA, NATO, NIB, NSG, OAS (observer), OIF (observer), OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UNWTO, UPU, WCO, WEU (associate partner), WFTU, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador Andrejs PILDEGOVICS chancery: 2306 Massachusetts Ave. NW, Washington, DC 20008 telephone: [1] (202) 328-2840 FAX: [1] (202) 328-2860 Diplomatic representation from the US: chief of mission: Ambassador Charles LARSON Jr. embassy: 7 Raina Boulevard, Riga LV-1510 mailing address: American Embassy Riga, PSC 78, Box Riga, APO AE 09723 telephone: [371] 670-36200 FAX: [371] 678-20047 Flag description: three horizontal bands of maroon (top), white (half-width), and maroon Economy Latvia Economy - overview: Latvia's economy experienced GDP growth of more than 10% per year during 2006-07. The majority of companies, banks, and real estate have been privatized, although the state still holds sizable stakes in a few large enterprises. Latvia officially joined the World Trade Organization in February 1999. EU membership, a top foreign policy goal, came in May 2004. The current account deficit - more than 22% of GDP in 2007 - and inflation - at nearly 10% per year - remain major concerns. GDP (purchasing power parity): $40.05 billion (2007 est.) GDP (official exchange rate): $27.34 billion (2007 est.) GDP - real growth rate: 10.3% (2007 est.) GDP - per capita (PPP): $17,700 (2007 est.) GDP - composition by sector: agriculture: 3.3% industry: 22% services: 74.7% (2007 est.)
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