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Fact Sheet

Latvia

Official Title:
Republic of Latvia


General Information

Capital: Riga
Population (million): 2.042
Total Area: 64,589km2
Currency: 1 CAN$ = 0.54 Lats (LVL)(2012)
National Holiday: November 18, Independence Day (1918)
Language(s): Latvian(official language),Russian, other


Political Information

Type of State:
Parliamentary Republic

Type of Government:
Parliamentary democracy. Unicameral parliament with a 100-seat Diet (Saeima). Prime Minister appointed by the President. Cabinet of Ministers nominated by the Prime Minister and approved by the Parliament. Administrative divisions: 110 municipalities, 9 cities. Governing coalition: Unity block, Zatlers Reform Party, and the National Alliance and independents.

Head of State:
President Andris Berzin�

Head of Government:
Prime Minister (Unity) Valdis Dombrovskis

Ministers:
Foreign Affairs: Edgars Rinkevics (Zatlers Reform Party)
Economy: Daniels Pavluts (Zatlers Reform Party)
Finance: Andris Vilks (Unity)

Main Political Parties:
Harmony Center, Zatlers Reform Party, Unity Block, The National Alliance, Union of Greens and Farmers

Elections:
President: 4-year term; next election in 2015. Parliament: 4-year term; next election in 2014.


Economic Information (2012)

Please note that the economic statistics reflect Canadian dollars and the yearly averages for the year. If listed as ’0’ or absent, the statistic is currently unavailable.

Economic Information
Type Latvia Canada
GDP: ($ billion) 28.37 1818.32
GDP per capita: ($) 13894.06 52209.92
GDP growth rate: (%) 5.58 1.84
Inflation: (%) 2.28 1.52
Unemployment: (%) 14.94 7.29

Trade and Investment (2012)

Canadian exports to country: $54,701,142
Canadian imports from country: $20,129,374
FDI in Canada: $ million
CDI in Latvia: $ million


Representation

Foreign Representation in Canada:
Ambassador Juris Audarin�

Canadian Representation Abroad:
Ambassador John Morrison


June 2013
Sources include: Statistics Canada, IMF

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Date Modified:
2010-02-19