Economy of Latvia (Economy in Countries)

This book about the economy of Latvia from the 1990s to the 2010s. Source data from UN Data.Size. In the 2010s, the GDP of Latvia was equal to 28.4 billion US$ per year; the value of agriculture was 965.1 million US$; the value of manufacturing was 3.2 billion US$. Since the share in the world is between .01% and .1%, the country is classified as a small economy.Productivity. In the 2010s, the gross domestic product per capita was 13 976.1 US$; the agriculture per capita was 475.2 US$; the manufacturing per capita was 1 555.7 US$. Since the productivity is between the average and the average of above average, the economy is classified as developed.Growth. In the 2010s, the growth of gross domestic product was 2.5%; the growth of agriculture was 1.2%; the growth of manufacturing was 4.1%.Structure. In the 2010s, the economy of Latvia included: industry (28.8%), service (24.9%), transportation (16.7%), agriculture (12.4%), trade (10.9%), and construction (6.2%).External relations. In the 2010s, the import was 3.2% higher than the export, the net import was equal to 1.9% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

• | Author: Ivan Kushnir
• | Publisher: Independently published
• | Publication Date: Jan 27, 2019
• | Number of Pages: 55 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1795239360
• | ISBN-13: 9781795239363