A look at economies of Latvia, eurozone
A glance at key economic statistics for Latvia and the 17-country eurozone
Latvia has received preliminary approval to become the 18th member of the euro currency bloc.
Here's a look at key economic and demographic statistics for Latvia and the current 17-country eurozone.
Eurozone | Latvia | |
Population | 332 million | 2 million |
Gross domestic product (2012) | 9.5 trillion euros ($12.41 trillion) | 22.3 billion euros ($29.14 billion) |
Public debt (percent of annual GDP) | 91 percent | 41 percent |
Budget deficit (percent of annual GDP) | 3.7 percent | 1.2 percent |
Unemployment | 12.2 percent (April) | 12.4 percent (Q1 2013) |
Average yearly net earnings (2010) | 20,882 euros ($27,287) | 5,096 euros ($6,659) |
Source: Eurostat