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Political-economic statistics and data about franchising

Country name	Republic of Latvia (historically Lattonia, Lettonia, Lettland)
Total Area	64,589 km 2
Area Population	2,270,700 (December 2007 estimate)
Age structure	0-14 years: 15% (male 177,223; female 169,241) 15-64 years: 69% (male 772,496; female 823,410) 65 years and over: 16% (male 118,035; female 245,901) (2004 est.)
Population growth rate	-0.67% (2006 est.)
Birth rate	8.9 births/1,000 population (2004 est.)
Death rate	13.7 deaths/1,000 population (2004 est.)
Net migration rate	2.23 migrant(s)/1,000 population (2004 est.)
Infant mortality rate	9.67 deaths/1,000 live births (2004 est.)
Life expectancy at birth	total population: 70.86 years male: 65.91 years female: 76.08 years (2004 est.)
Total fertility rate	1.25 children born/woman (2004 est.)
Religions	Roman Catholic (500,000),  Lutheran (450,000), Russian Orthodox (350,000)
Languages	Latvian, Livonian, Latgalian, Russian
Literacy percentage	definition: age 15 and over can read and write total population: 99.8% male: 99.8% female: 99.8% (2004 est.)
Government structure	Parliamentary Republic
Capital	Riga
Legal system	The Constitutional Convent of Latvia adopted the Constitution in 1922 and therefore it is the oldest Constitution among the three Baltic countries. The Constitution has been changed a few times. The last significant changes amended it and added a very important part for a constitution - a catalogue of human rights.
GDP (purchasing power parity)	$29.214 billion  (2007 est.)
GDP – real growth rate	11.90% (2006)
GDP - per capita	purchasing power parity -   $11,826 (2007 est.)
Labour force	1.17 million (2004 est.)
Unemployment rate	7.5% (2005 est.)
Population below poverty line	NA%
Inflation rate	7.5% (2005 est.)
Debt - external	$23.704 billion (2006 est.)
Exports	$13.39 billion f.o.b. (2005 est.)
Imports	$18.74 billion c.i.f. (2005 est.)
Debt - external	$23.704 billion (2006 est.)
Currency (code)	1 Latvian lat (LVL) = 100 santims
Exchange rates:	lati per US dollar - 0.5402 (2004),
Big Mac price in dollars	2.86 $
Franchise Association	LATVIAN FRANCHISE ASSOCIATION
Web Site	www.franch.lv

This information was updated January, 2008. For any further information please email: info@infofranchise.com