Latvia
Republic of Latvia
- Region
- Europe · Northern Europe
- Capital
- Riga
- Population
- 1,847,785 (2025)
- Government
- parliamentary republic
- Currency
- Euro (EUR)
- Official languages
- Latvian
- Spoken languages
- Latvian (official) 56.3%, Russian 33.8%, other 0.6% (includes Polish, Ukrainian, and Belarusian), unspecified 9.4% (2011 est.)
- Written scripts
- Latin
- Area
- 64,559 km²
- Coastline
- Coastal
- UN member
- Yes
- Affiliations
- EU, IMF, NATO, WCO, WTO
- Borders
- Belarus , Estonia , Lithuania , Russia
Political stability
76 / 100
Economic stability
62 / 100
Population stability
19 / 100
0–100, higher is more stable. Political: World Bank governance score. Economic: government effectiveness, regulatory quality, and inflation proximity to 2% (World Bank). Population: stability of growth and net migration rates (World Bank).
Trade profile
- Key exports
- wood, wheat, broadcasting equipment, packaged medicine, natural gas (2023)
- Key imports
- refined petroleum, cars, packaged medicine, broadcasting equipment, natural gas (2023)
- Natural resources
- peat, limestone, dolomite, amber, hydropower, timber, arable land
- Primary route
- North Sea–Baltic feeder network into Rotterdam, Hamburg, and Antwerp
- Secondary route
- Transatlantic services to North America
The xin.bz view
- Latvia shows the other side of the water equation: the August 22–23 cyclone cut power to roughly half a million people across the Baltics and dropped close to half a month’s rainfall in a day in places — water distribution matters as much as totals.
xin.bz coverage
El Niño Is Arriving With Eastern Europe's Waterways Already Depleted — Just as the World Needs Its Grain Corridors
The Danube at exceptional lows, Ukrainian grain exports at a third of last year's pace, Polish maize stepping up, and $588B of reconstruction demand waiting to reverse the corridors — Eastern Europe's recharge season decides 2027.
Trade research
- WTO trade profile — tariffs, trade in goods and services, top partners
- World Bank country data — GDP, trade share of GDP, logistics indicators
- OEC trade profile — export/import composition and partners, visualized
- ITC Trade Map — detailed trade statistics by product (ITC/UN Comtrade)
- CIA World Factbook — geography, economy, transportation infrastructure
xin.bz can watch Latvia for you — email alerts when new disruptions hit. Start free
Sources: mledoze/countries (ODbL), CIA World Factbook (public domain), World Bank Open Data (CC BY-4.0), flag-icons (MIT). Stability scores are xin.bz composites of the cited World Bank indicators; routes and commodity notes are xin.bz assessments. Informational only — verify with official sources.