Portrait of an Ascending Sovereign Credit
Latvia Belongs to Core Europe
Latvia belongs to core Europe. The country is also 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
Capital
Population 2020
Currency
GDP per capita 2019
Nominal GDP 2019
Main economic sectors
1Q/2020
Source: Central Statistical Bureau of Latvia
64 573 sq. km¹
Estonia, Lithuania, Belarus and Russia
Riga
1.91 million¹
Euro
EUR 15.93¹
EUR 30.48 billion¹
Services (66%¹) and Manufacturing
(11.%¹)
Latvia Regains
Independence
Aug
5
Latvia Admitted
to NATO
Approval of
Loan
Programme
with IMF, EC
and Bilateral
Lenders
Latvia is a Member of the Eurozone, NATO and OECD
Eurozone Members
Europe |
|
NATO Members
OECD Members
Latvia joins
Eurozone/
Economic and
Monetary Union
Latvia Becomes
OECD Member
OECD
1991
1991
2004
Sep
2004
Mar
2008
2011
-
May
Dec
2012
2014
Dec
Jan
Jan
2015
2016
Jan - Jun
Jul
Latvia Becomes
UN Member
Latvia Enters
EU
International
Loan
Programme
with IMF/EC
Closed
Successfully
Latvia's
Presidency of
EU CouncilView entire presentation