t.)

Budget:
revenues: $3.691 billion
expenditures: $3.871 billion, including capital expenditures of NA
(2003 est.)

Public debt:
14.4% of GDP (2003)

Agriculture - products:
grain, sugar beets, potatoes, vegetables; beef, pork, milk, eggs;
fish

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 - consumption:
6.046 billion kWh (2001)

Electricity - exports:
703 million kWh (2001)

Electricity - imports:
2.69 billion kWh (2001)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
44,000 bbl/day (2001 est.)

Oil - exports:
NA (2001)

Oil - imports:
NA (2001)

Natural gas - production:
0 cu m (2001 est.)

Natural gas - consumption:
1.7 billion cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
1.7 billion cu m (2001 est.)

Current account balance:
$-955.9 million (2003)

Exports:
$3 billion f.o.b. (2003 est.)

Exports - commodities:
wood and wood products, machinery and equipment, metals, textiles,
foodstuffs

Exports - partners:
UK 15.6%, Germany 14.8%, Sweden 10.5%, Lithuania 8.2%, Estonia
6.6%, Denmark 6%, Russia 5.4% (2003)

Imports:
$4.921 billion f.o.b. (2003 est.)

Imports - commodities:
machinery and equipment, chemicals, fuels, vehicles

Imports - partners:
Germany 16.1%, Lithuania 9.7%, Russia 8.7%, Finland 7.4%, Estonia
6.4%, Sweden 6.3%, Poland 5.1%, Italy 4.4% (2003)

Reserves of foreign exchange & gold:
$1.535 billion (2003)

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

Communications Latvia

Telephones - main lines in use:
653,900 (2003)

Telephones - mobile cellular:
1,219,600 (2003)

Telephone system:
general assessment: inadequate, but is being modernized to provide
an international capability independent of the Moscow international
switch; more facilitie