Latvia is an upper Middle Income Economy comes under Europe and Central Asian region, according to the classification made by the World Bank on the basis of income and region for year 2006.
The country has a total surface area of 64,590.0 square kilometers as in 2004 with a forest area of 28,850.0 square kilometers.
Social Indicators:
Country's demographic and social indicators are as follows:
Social Indicators
2000
2003
2004
Population, total
2.4 million
2.3 million
2.3 million
Population growth (annual %)
-0.8
-0.5
-0.5
Life expectancy at birth, total (years)
70.3
70.6
71.5
Fertility rate, total (births per woman)
1.2
1.3
1.2
Mortality rate, infant (per 1,000 live births)
10.4
9.4
9.8
Mortality rate, under-5 (per 1,000)
12.9
..
11.9
Economic Indicators:
Latvia is one of the growing economies in Europe. Its one of the trading center and financial hub also. Important economic indicators of the country over the years are as follows: