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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