Latvia
General information
Capital: Riga
Currency unit: Euro
Area: 64,590 km²
Total population: 1,866,120
GDP (millions of US dollars): 43,684
GDP per capita, PPP (current international US dollars): 43,394
Production
Agriculture (% of GDP): 4.6 %
Manufacture (% of GDP): 11.4 %
Industry excluding manufacture (% of GDP): 9.8 %
Services (% of GDP): 74.1 %
Trade
Total exports (millions of US dollars): 28,536
Total imports (millions of US dollars): 29,234
Main exported goods (% of total exports):
Wood simply worked, and railway sleepers of wood (4.9 %)
Wheat (including spelt) and meslin, unmilled (4.4 %)
Alcoholic beverages (4.2 %)
Veneers, plywood, and other wood, worked (4.0 %)
Telecommunication equipment; & parts (3.8 %)
Revealed Competitiveness
This section brings together measures of countries’ revealed competitiveness in international markets, that is, their ability to export to those markets. These measures of export competitiveness are therefore the result of the price and non-price competitiveness factors presented in the sections “National Attractiveness and Sustainability” and “Price Competitiveness.” They are defined on a scale ranging from 0 to 10,000, with a higher value indicating greater export competitiveness in international markets.
| Latvia | ||
|---|---|---|
| Revealed Competitiveness | - | |
| Global Market Share Latvia: 10 | 10 | |
| Revealed Competitiveness Index Latvia: 25 | 25 |