My Latvia

The economy is focused on logistics, banking, tourism, food industry [11]. The volume of GDP at purchasing power parity in 2018 amounted to $ 57.84 billion (GDP (PPP) $ 29,901 and GDP (nominal) $ 18,031 per capita) [12]. Currency - Euro. Go to the section " condition, key indicators"

Juris Alunans in 1857 proposed to use the name "Latvia", and then, by analogy with the Lithuanian language, added to it the suffix and ending -ija. The Latvians, influenced by the Germans, first used the term "Baltic", derived from the neologism Baltenland, which replaced the oldest term Ostseeprov

The term came into widespread use after the abolition of serfdom in the provinces of Livland and Courland, when Latvian-speaking peasants began to form a national identity as a people occupying the territory from Palanga to Aluksne.

The name "Latvia" came into Latvian from Lithuanian, in which it was formed from the Latvian ethnonym - "Latvian" (lit. latviai) [13]

For the first time a similar name in the form of "Lettia" (Lettia, Letthia, Leththia) is found in the "Chronicle" of Henry of Latvia (1209), describing the military actions of German knights against Ersik Prince Vsevolod (Visvaldis), originally to denote the Latgale and Latgalian territories principality)

The economy is focused on logistics, banking, tourism, food industry [11]. GDP at purchasing power parity in 2018 amounted to $ 57.84 billion (GDP (PPP) $ 29,901 and GDP (nominal) $ 18,031 per capita) [12]. The currency is the euro.

The territory is 64,589 km² (122nd place in the world). The length of the country from north to south is 250 km, and from west to east - 450 km. Latvia borders Estonia to the north, Russia to the east, Belarus to the southeast and Lithuania to the south.