Located in Eastern Europe, Latvia borders Estonia, Lithuania, Belarus, and Russia as well as the Baltic Sea with a coastline which spans 498km. Over a third of the country’s population live in Riga, the capital city, which is the economic and cultural heart of Latvia. It houses Riga Port, the largest in Latvia and second largest in the Baltic States, which handled 49% of the country’s seabound cargo in 2022.
In 2021, Latvia’s real GDP totalled $60.46 billion, an annual increase of 4.07%. Its leading industries include processed foods, processed wood products, textiles, processed metals, pharmaceuticals, and electronics. Latvia joined the World Trade Organisation in 1999 and the European Union in 2004. The country’s main export partners include Lithuania, Estonia, Russia, Germany, Sweden, and the United Kingdom.
Founded in 1201, the capital of Riga is a UNESCO World Heritage Site and has plenty of culture to explore. The Latvian National Museum of Natural History is located in the city and is the oldest of its kind in the Baltic States. The Latvian National Opera and Ballet, Latvian National Theatre, and Latvian National Museum of Art are also cultural hubs found in the country’s capital.
Latvia serviced apartments are the ideal accommodation type for business travellers visiting the region. With 30% more space than the average hotel room, serviced apartments in Latvia have separate and spacious areas for cooking, dining, lounging, and resting. All our serviced apartments in Latvia feature fully fitted kitchens, separate bathrooms, and also benefit from convenient facilities such as housekeeping, laundry services, and Wi-Fi. With everything you need at your fingertips, Latvia serviced apartments cultivate a comfortable home-from-home environment whilst away on business.
Browse our full portfolio of corporate serviced apartments in Latvia and contact us today for our bespoke recommendations. Alternatively, fill out this online enquiry form and one of our friendly Account Managers will promptly get back to you.
Key Facts about Latvia
Capital: Riga
Population: 1.82 million
Currency: Euro
Language: Latvian, Russian
Dominant Religion: Lutheran, Roman Catholic, Orthodox
Time Zone: (GMT+3)
Main Exports: Lumber, Broadcasting Equipment, Whiskey and Hard Liquors, Wheat, Packaged Medicines
Internet Domain: .lv
International Dial Code: +371