Discover Fascinating Latvia Facts

Dive into the history, culture, and unique insights about Latvia.

Latvia

Background

🌍 The fascinating story of Latvia begins with several eastern Baltic tribes that came together in medieval times, around the 8th to 12th centuries A.D. This mix of tribes laid the ethnic foundation for the Latvian people! πŸ‡±πŸ‡» However, the journey didn't stop there. Latvia went through various influences over the centuries, being controlled by the Germans, Poles, Swedes, and ultimately the Russians. 🏰 But the spirit of independence burned bright, and in 1991, Latvia proudly reestablished its independence following the breakup of the Soviet Union. πŸŽ‰

Time Period of Tribal Merger

8th-12th centuries A.D.

Year of Independence Reestablished

1991

Exports - commodities

Latvia has a diverse range of exports that keep its economy thriving! 🌟 In 2022, some of the biggest commodities exported from Latvia included:

  • Wood: A natural resource vital for construction and various products! 🌲
  • Wheat: Important for food supply, this grain fuels both Latvia and beyond! 🌾
  • Natural Gas: Fuels energy needs, ensuring warmth and power across the country! πŸ”₯
  • Electricity: A vital product that powers homes and industries! ⚑
  • Broadcasting Equipment: High-tech exports that help keep the world connected! πŸ“‘

These commodities show Latvia's strength in natural resources and technology! 🀩

Commodities exported

Wood, Wheat, Natural Gas, Electricity, Broadcasting Equipment

Exports - partners

🌍 Latvia's economy is greatly influenced by its trade partners! In 2022, the export partners were diverse and interesting:

  • Lithuania: 18% of Latvia's exports went there! πŸ‡±πŸ‡Ή
  • Estonia: Making up 10% of exports, this neighboring country is vital for trade. πŸ‡ͺπŸ‡ͺ
  • Germany: Contributing 6% to Latvia’s export scene with its powerhouse economy. πŸ‡©πŸ‡ͺ
  • Russia: Another 6% of exports went to this vast country. πŸ‡·πŸ‡Ί
  • Sweden: Accounting for 5%, Sweden is also a key player. πŸ‡ΈπŸ‡ͺ

Let’s visualize how Latvia shares its exports among these partners! πŸ“Š

Top Export Partner

Lithuania 18%

Second Export Partner

Estonia 10%

Export Contribution from Germany

6%

Export Contribution from Russia

6%

Export Contribution from Sweden

5%

Exports Partners of Latvia (2022)

Capital

🌟 Welcome to Latvia's capital, Riga! This lively city is not only the largest city in Latvia, but it's also known for its rich history, stunning architecture, and vibrant culture. Can you imagine walking through its streets filled with beautiful Art Nouveau buildings and enjoying delicious local cuisine? Yum! 🍽️

Imports - commodities

Latvia, a small but vibrant country, imports a variety of essential commodities to meet the needs of its people. 🌍 In 2022, some of the key imports included natural gas, refined petroleum, electricity, cars, and packaged medicine. These imports play a crucial role in keeping the wheels of the economy turning and ensuring that everyone has access to necessary products and services! πŸš—πŸ’Šβš‘

Key imports for Latvia in 2022

natural gas, refined petroleum, electricity, cars, packaged medicine

Climate

🌊 Latvia boasts a maritime climate that features wet conditions and moderate winters! This means that the weather is often influenced by the nearby Baltic Sea, bringing plenty of rain 🌧️ and comfortable winter temperatures ❄️. The mildness of the winters makes Latvia a unique spot in the colder regions of the world!

Executive branch

πŸ‡±πŸ‡» Latvia's Executive Branch 🌟

Meet the key leaders of Latvia's executive branch!

  • Chief of State: President Edgars RINKEVICS has been in charge since 8 July 2023. 🎀
  • Head of Government: Prime Minister Evika SILINA took the helm starting from 15 September 2023. πŸ›οΈ

These leaders are paving the way for Latvia's future! 🌈

Current President

Edgars RINKEVICS

President since

8 July 2023

Current Prime Minister

Evika SILINA

Prime Minister since

15 September 2023

Legislative branch

In Latvia, the legislative branch consists of a unicameral Parliament 🌟, which is made up of 100 seats. This means that there is only one chamber where all the important decisions are made! πŸ›οΈ Each seat represents a voice in shaping the country's laws and policies.

Total seats in Parliament

100

Natural resources

🌍 Latvia is fortunate to be blessed with a variety of natural resources that contribute to its beauty and economy! Here’s a fun look at what this amazing country has to offer:

  • πŸͺ΅ Timber: Latvia has a rich forest land that supplies a great amount of timber, making it one of the key natural resources.
  • πŸ’§ Hydropower: The use of water to generate energy shows how Latvia intertwines nature with technology.
  • 🏞️ Arable land: With fertile lands available, Latvia can grow a variety of crops for its people.
  • πŸͺ¨ Limestone and Dolomite: These rocks are not just in the ground; they are substantial for construction and industrial processes!
  • 🌿 Peat: This organic material plays a vital role in maintaining the ecosystem and is used in various applications.
  • πŸ’Ž Amber: Latvia is famous for its beautiful amber, often referred to as the "Baltic gold!" This resin has been valued for thousands of years.

These resources not only enhance Latvia’s landscape but also its economy! What a treasure trove of nature! 🌳✨

Natural resources in Latvia

Timber, Hydropower, Arable land, Limestone, Dolomite, Peat, Amber

Economic overview

Latvia is a high-income country and a proud member of the EU and eurozone! πŸ‡ͺπŸ‡Ί However, like many, it has faced some economic challenges. Recently, Latvia experienced an economic contraction caused by a drop in exports and shocks from energy prices. ⚑😞

But don't worry! The country is on the road to recovery! πŸ“ˆ What's helping Latvia bounce back?

  • Easing inflation πŸ’°
  • Wage growth πŸ“ˆ
  • Investments backed by EU funds πŸ’Ά

Though the future looks bright, Latvia must tackle some challenges:

  • Skilled labor shortages πŸ§‘β€πŸŽ“
  • Access to capital markets πŸ’Ό
  • A large informal sector 🚧
  • Transitioning to green and digital economies πŸŒ±πŸ’»

With determination and support, Latvia is setting the stage for a successful rebirth! 🌟

Economic status

High-income

Membership

EU and eurozone

Challenges

Skilled labor shortages, capital market access, large informal sector, green and digital transitions

Government type

πŸ‡±πŸ‡» Latvia is a parliamentary republic! This means that the country is governed by elected representatives in parliament. The Prime Minister leads the government, and they make important decisions on behalf of the people. In a parliamentary republic, the President has a more ceremonial role, while the real power lies in the hands of the parliament. It's a system that encourages democracy and representation! πŸ—³οΈβœ¨

Ethnic groups

Latvia is a vibrant mix of ethnic communities! πŸŽ‰ Here's a breakdown of the different ethnic groups living in the country based on the 2021 estimates:

  • Latvian: 62.7% πŸ‡±πŸ‡»
  • Russian: 24.5% πŸ‡·πŸ‡Ί
  • Belarusian: 3.1% πŸ‡§πŸ‡Ύ
  • Ukrainian: 2.2% πŸ‡ΊπŸ‡¦
  • Polish: 2% πŸ‡΅πŸ‡±
  • Lithuanian: 1.1% πŸ‡±πŸ‡Ή
  • Other: 1.8%
  • Unspecified: 2.6%

As you can see, Latvians make up the majority, followed by a significant Russian community. This rich blend of cultures makes Latvia an exciting place to explore! πŸ₯³

Percentage of Latvian ethnic group

62.7%

Percentage of Russian ethnic group

24.5%

Percentage of Belarusian ethnic group

3.1%

Percentage of Ukrainian ethnic group

2.2%

Percentage of Polish ethnic group

2%

Percentage of Lithuanian ethnic group

1.1%

Percentage of Other ethnic groups

1.8%

Percentage of Unspecified ethnic groups

2.6%

Ethnic Groups in Latvia (2021)

Religions

Religions in Latvia πŸ‡±πŸ‡»

Latvia is a colorful country with a rich tapestry of religions! Here's a quick look at the percentages of various religious beliefs among its people:

  • Lutheran: 36.2% - That's the largest group! πŸ•ŠοΈ
  • Roman Catholic: 19.5% - A significant audience! β›ͺ
  • Orthodox: 19.1% - Another important segment! πŸ™
  • Other Christian: 1.6% - Every belief counts! ✝️
  • Other: 0.1% - Diverse thoughts! 🌍
  • Unspecified/None: 23.5% - A notable portion of the population! 🌌

These statistics show how Latvia holds a blend of religious beliefs, a reflection of its history and culture!

Total Percent of Population that Practices Religion

76.5%

Year of Estimate

2017

Religion Distribution in Latvia

Languages

πŸ‡±πŸ‡» In Latvia, people speak a variety of languages! The main one is Latvian, which is the official language. Here's a fun breakdown of the languages spoken in the country:

  • Latvian: 56.3% 🌟
  • Russian: 33.8% πŸ—£οΈ
  • Other languages (like Polish and Ukrainian): 0.6% 🌍
  • Unspecified languages: 9.4% ❓

This shows us that Latvian is the dominant language, but many people also speak Russian and other languages! Let's look at these statistics more closely.

Latvian Speakers Percentage

56.3%

Russian Speakers Percentage

33.8%

Other Languages Speakers Percentage

0.6%

Unspecified Languages Percentage

9.4%

Languages Spoken in Latvia

Imports - partners

🌍 Latvia connects with various countries for its imports! Here's how the imports stack up in 2022:

  • Lithuania takes the lead with a whopping 22% of all imports πŸš€!
  • Estonia follows with 10% 🌟.
  • Both Germany and Poland share 9% each, making them important partners too 🀝.
  • Lastly, Russia contributes 6% to Latvia's import needs πŸ‡·πŸ‡Ί.

This exciting mix of partners showcases the diverse import relationships Latvia maintains!

Top Import Partner

Lithuania - 22%

Total Import Contribution from Estonia

10%

Import Contribution from Germany and Poland

9% each

Import Contribution from Russia

6%

Latvia's Import Partners in 2022

Population

Population of Latvia πŸ‡±πŸ‡»

Did you know that as of now, Latvia has a total population of 1,801,246 people? That's a lot of individuals living, working, and having fun in this beautiful Baltic country! πŸŽ‰

With such a number, Latvia's rich culture and history are brought to life through diverse communities and vibrant cities. From the picturesque capital, Riga, to the charming countryside, every part of Latvia contributes to this impressive total! 🌍

Keep an eye on how this number changes over time because population trends tell us a lot about a country's growth and development! πŸ“ˆ

Total Population of Latvia

1,801,246

Area

🌍 Latvia's Area Breakdown 🌊

Latvia, a beautiful country in Northern Europe, spans a total area of 64,589 sq km. 🌳 Here's how that area is divided:

  • 🚜 Land Area: 62,249 sq km
  • πŸ’§ Water Area: 2,340 sq km

That means Latvia has a significant amount of its total area covered by land, making it a great place for exploration and adventure! πŸ˜„

Total Area of Latvia

64589 sq km

Land Area of Latvia

62249 sq km

Water Area of Latvia

2340 sq km

Latvia Area Composition

Real GDP (purchasing power parity)

🌍 Latvia's Real GDP (purchasing power parity) shows how much the economy is growing! Here are the estimated values over the last few years:

  • 2021: $69.308 billion
  • 2022: $71.355 billion
  • 2023: $71.154 billion

It's exciting to see how GDP gives us a peek into how a country's economy is doing! πŸ“ˆ

GDP in 2021

$69.308 billion

GDP in 2022

$71.355 billion

GDP in 2023

$71.154 billion

Real GDP of Latvia Over Time

Real GDP per capita

Latvia's economy is growing! 🌱 The Real GDP per capita gives us an idea of how much money each person would have if the country's total income were shared equally. Here's how it looked over the last three years:

  • 2021: $36,800
  • 2022: $38,000
  • 2023: $37,800

This shows us that the GDP per capita increased from 2021 to 2022, but then slightly dropped in 2023. Let's take a look at that in a chart! πŸ“Š

Estimates for Real GDP per capita

$37,800 (2023), $38,000 (2022), $36,800 (2021)

Real GDP per capita in Latvia (2021-2023)

Imports

🌍 Latvia's imports are on the rise! In 2023, Latvia imported goods worth $29.626 billion! πŸ“ˆ That's a slight decrease from $31.213 billion in 2022 but up from $26.681 billion in 2021. Let's take a closer look! πŸ“Š

Latvia's Imports Over Time

Exports

πŸš€ Latvia's exports are booming! Here's how they have changed over the past few years:

  • In 2021, Latvia's exports were $25.43 billion.
  • In 2022, they grew to $29.374 billion! πŸ“ˆ
  • By 2023, estimates show a slight decrease to $27.947 billion.

Isn't it interesting to see how Latvia's trade is evolving? πŸ“Š

Estimates for 2023 Exports

$27.947 billion

Estimates for 2022 Exports

$29.374 billion

Estimates for 2021 Exports

$25.43 billion

Latvia's Exports Over Time

Population growth rate

In Latvia, the population growth rate is on a downward trend. πŸ“‰ As of 2024, the estimated growth rate is -1.14%. This indicates that Latvia's population is slowly shrinking. πŸ˜₯ Understanding these trends is important for planning and development in the country.

Estimated population growth rate in 2024

-1.14%