Latvia flag

Latvia

Republic of Latvia
LV / LVA Europe Europe
1.9M
Population
$43.5B
GDP
260
Payment BINs
66
Issuers

General Information

Capital Riga
Continent Europe
Region Europe
Subregion Europe
Currency euros (EUR)
Languages Latvian (official) 56.3% Russian 33.8% other 0.6% (includes Polish Ukrainian and Belarusian) unspecified 9.4% (2011 est.)
Timezones UTC+2
Area 64,589 km²
Map Reference Eastern Europe, bordering the Baltic Sea, between Estonia and Lithuania
Borders Belarus Estonia Lithuania Russia

Demographics

Population (2023) 1,877,445
Density 29.1 per km²
Urban Population 68.7%
Median Age 45.5 years
Life Expectancy 76.4 years
Major Cities RIGA

Economy

GDP (2024) $43.5B
GDP Per Capita (2023) $23,237
Inflation (2024) 1.3%
Unemployment (2024) 6.8%
Public Debt 36.3% of GDP
Exchange Rate (2024) 0.924 to USD

Financial Markets

Stock Exchanges 4
Listed Equities 32
Dominant Currency EUR
Primary Index OMX Riga_GI (^OMXR)

Card Brands (Top 5)

Card Types

Card Categories (Top 5)

Leading Issuers

# Issuer BINs
1 LUMINOR BANK AS 16
2 JSC SEB BANKA 12
3 RIETUMU BANKA 11
4 ABLV BANK, A.S. 10
5 AS PRIVATBANK 10
6 SWEDBANK AS 10
7 AB CITADELE BANKAS 9
8 CITADELE BANKA 9
9 JSC RIETUMU BANKA 9
10 SIA TRANSACT PRO 9

Top Stock Exchanges

# Exchange Listings Code Currency
1 NASDAQ OMX Riga 16 RIS EUR
2 Munich Stock Exchange 10 MUN EUR
3 Stuttgart Stock Exchange 3 STU EUR
4 Frankfurt Stock Exchange 3 FRA EUR

Main Exports

1. wood
2. wheat
3. broadcasting equipment
4. packaged medicine
5. natural gas (2023)

Main Imports

1. refined petroleum
2. cars
3. packaged medicine
4. broadcasting equipment
5. natural gas (2023)