Ressources Consular Information Facts about Latvia Business Contact  
The Latvian economy since 2000 has been one of the fastest expanding in the European Union, with growth annually averaging almost 9.0%. In 2006 the economy grew 12.2% and a further 10.3% in 2007. The IMF in forecasting a consolidation in the pace of growth for 2008, to around 3.6%.

Since 1999 Latvia is a member of the World Trade Organisation and since 2004 it is a member of the Europeaj Union. Latvia plans to introduce the Euro as the country's currency but, due to the inflation being above EMU's guidelines, this is unlikely to happen before 2010.


Interesting Links concerning business in Latvia:

Central Bank of Latvia

Ministry of Economics

The American Chamber of Commerce in Latvia

The Commercial Section of the US Embassy in Latvia

The Register of Enterprises of the Republic of Latvia




Henri Diederich, Honorary Consul of Latvia in Luxembourg - 42a, route de Luxembourg L-8140 Bridel