Engage in Latvia

Currency
The currency in Latvia is the Euro (EUR). The currency symbol is €.
Population
As of April 2023, the estimated population of Latvia is approximately 1.8 million people.
Capital City
Riga


Overview

Latvia, located in the Baltic region of Northern Europe, is a country with a rich cultural heritage and a fascinating history. Bordered by Estonia, Lithuania, Russia, Belarus, and the Baltic Sea, Latvia is known for its picturesque landscapes, charming architecture, and vibrant cultural scene. The country operates under a parliamentary republic system, with the president as the chief of state and the prime minister as the head of government. Latvia has transitioned to a market-oriented economy, where the prices of goods and services are determined through a free price system. It is a member of various international organizations, including the European Union and the World Trade Organization. The Latvian literature, although relatively young in terms of history, has made remarkable achievements. Figures like Rūdolfs Blaumanis, Rainis, and Aspazija are considered the forebears of Latvian literature, whose contributions have had a significant impact. With a deep appreciation for poetry and a love for books, Latvia’s cultural heritage is rooted in its extensive collection of folk songs and a thriving literary scene. From its natural beauty to its rich traditions, Latvia offers a captivating experience for both locals and visitors alike.

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