Skip to main content


Political system

Latvia is a parliamentary republic. The president who is the head of state has a largely ceremonial role and nominates the prime minister. The prime minister who is the head of government chooses the cabinet of ministers. The government remains subject to Parliament's approval throughout each term. The country is subdivided into 43 municipalities – 36 regional municipalities and 7 state cities with their own governance. These have their own city councils and municipal administrations.

Trade and economy

Latvia’s GDP per capita of €25 700 ranks below the EU average (€35 500). It accounts for 0.2% of the EU's total GDP.

(Source: Eurostat - figures for GDP per capita and GDP)

(Source: Eurostat - figures for exports and imports)

Latvia in the EU

Budgets and funding

How much does Latvia pay and receive from the EU?

The EU budget is the tool to ensure that Europe remains a democratic, peaceful, prosperous and competitive force. The EU uses it to finance its priorities and big projects that most individual EU countries could not finance on their own.  

The benefits of EU membership significantly exceed the size of the EU budget contributions and the examples are many. All Member States benefit from being part of the Single Market, a shared approach to the common challenges of migration, terrorism and climate change, and concrete gains like better transport infrastructure, modernised and digitalised public services and cutting-edge medical treatment. 

How much each EU country pays into the EU budget is calculated fairly. The larger your country's economy, the more it pays – and vice versa.

The EU budget is not about giving and taking – it’s about collectively contributing to making Europe and the world a better place for us all.  

EU budget spending and revenue per country and per year

EU-funded projects in Latvia

Money from the EU budget helps fund programmes and projects in all EU countries – for example to build roads, subsidise researchers and protect the environment.

Find out more about how Latvia benefits from EU funding and recovery funds in your country or region.