GDP: purchasing power parity - $9.8 billion (1999 est.)
GDP - real growth rate: 0% (1999 est.)
GDP - per capita: purchasing power parity - $4,200 (1999 est.)
GDP - composition by sector:
agriculture:
8%
industry:
29%
services:
63% (1998)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
4.3%
highest 10%:
22.1% (1993)
Inflation rate (consumer prices): 3.2% (1999 est.)
Labor force: 1.4 million (1997)
Labor force - by occupation: agriculture and forestry 16%, industry 41%, services 43% (1990)
Unemployment rate: 9.6% (1999 est.)
Budget:
revenues:
$1.33 billion
expenditures:
$1.27 billion, including capital expenditures of $NA (1998 est.)
Industries: buses, vans, street and railroad cars, synthetic fibers, agricultural machinery, fertilizers, washing machines, radios, electronics, pharmaceuticals, processed foods, textiles; dependent on imports for energy, raw materials, and intermediate products
Industrial production growth rate: -5% (1999 est.)
Electricity - production: 4.766 billion kWh (1998)
Electricity - production by source:
fossil fuel:
29.58%
hydro:
70.42%
nuclear:
0%
other:
0% (1998)
Electricity - consumption: 4.882 billion kWh (1998)
Electricity - exports: 400 million kWh (1998)
Electricity - imports: 850 million kWh (1998)
Agriculture - products: grain, sugar beets, potatoes, vegetables; beef, milk, eggs; fish
Exports: $1.9 billion (f.o.b., 1999)
Exports - commodities: wood and wood products, machinery and equipment, metals, textiles, foodstuffs
Exports - partners: Germany 16%, UK 14%, Russia 12%, Sweden 10% (1998)
Imports: $2.8 billion (f.o.b., 1998)
Imports - commodities: machinery and equipment, chemicals, fuels
Imports - partners: Germany 17%, Russia 12%, Finland 10%, Sweden 7% (1998)
Debt - external: $212 million (1998)
Economic aid - recipient: $96.2 million (1995)
Currency: 1 Latvian lat (LVL) = 100 santims
Exchange rates: lats (LVL) per US$1 - 0.583 (January 2000),0.585 (1999), 0.590 (1998), 0.581 (1997), 0.551 (1996), 0.528 (1995)
Fiscal year: calendar year