Eesti Kaubanduskoda Lätis

About Latvia

Name of country: Republic of Latvia
Country code: LV
Size of Area: 64 589 km2
Population (at the beginning of 2009): 2,261 million
Capital City: Riga (approx 719.000 inhabitants)
Ethnic Composition (beginning of 2008): 59.3% Latvian, 27.8% Russian, 3.6% Belarusian,
2.5% Ukrainian, 2.4% Polish, 1.3% Lithuanian, 0.4% Jewish, 2.7% other nationalities
Language: Latvian (official); Russian, English and German are also widely spoken
Political system: Republic, parliamentary democracy
Head of State: President Mr Valdis Zatlers (elected in 2007 by Parliament for a four-year term)
Head of Government: Prime Minister Mr Valdis Dombrovskis
Political Parties: People’s Party (Tautas partija) – 18, Greens and Farmers Union (Zaļo un Zemnieku savienība) – 17, New Era (Jaunais laiks) – 15 seats, Concord Centre (Saskaņas Centrs) – 18; Latvia’s First Party/Latvia`s Way (Latvijas Pirmā partija/Latvijas Ceļš) – 10, For Fatherland and Freedom (Tēvzemei un Brīvībai/LNNK) – 5, For Human Rights in a United Latvia (Par cilvēka tiesībām vienotā Latvijā ) – 5, Civic Union (Pilsoniskā Savienība) – 7.
Membership in International Organizations: Member of NATO since 2004; Member of WTO since 1998; EU Membership Since 2004.

Additional information at:
www.csb.lv
www.bank.lv
www.li.lv
www.fitchratings.com
www.moodyseurope.com
www.standardandpoors.com