Latvia Stability Programme Report

LATVIA BELONGS TO CORE EUROPE Latvia is deeply integrated in the international community and committed to high standards in terms of the quality of economic policies and governance. Key Facts Territory Borders 64 594 sq. km¹ Estonia, Lithuania, Belarus and Russia Capital Population 2022 Currency Credit rating GDP per capita 2021 Nominal GDP 2021 Main economic sectors 1Q2022 Source: ¹Central Statistical Bureau of Latvia Riga 1.88 million¹ Euro A3 Stable (Moody's) A+ Stable (S&P) A- Stable (Fitch) EUR 17.45¹ EUR 32.9 billion¹ Services (74.7%¹) and Manufacturing (14.4%¹) 6 Latvia Regains Independence Latvia Admitted to NATO Latvia is a Member of the Eurozone, NATO and OECD Europe Eurozone Members NATO Members OECD Members Latvia Eurozone/ Economic and Monetary Union Joins Latvia Becomes OECD Member JOECD Aug 1991 1991 Sep 2004 Mar 2004 May Jan 2014 Jan - Jun 2015 Jul 2016 Latvia's Presidency of EU Latvia Becomes Latvia Joins EU UN Member Council

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