Latvia, with a population of approximately 1.9 million (2023), is a Baltic nation known for its rich cultural history and vibrant economy. The economy is characterized by a diverse mix of services, manufacturing, and agriculture. The services sector, particularly finance, logistics, and tourism, plays a significant role in driving economic growth, with millions of visitors attracted to its historic cities and natural beauty each year. With a GDP estimated at around $40 billion and a per capita income of approximately $21,000 (2023), Latvia is steadily advancing towards greater economic stability and integration within the European Union. 

The Latvian government and business community can collaborate with the World Business Center to promote sustainable practices in industry, enhance innovation in technology, and strengthen international trade relationships for comprehensive economic development.