Economy of Latvia till 2006
2007
Sprogis, J. | Sproge, I. | Sprogis, A.
GDP and consumption is important for manufacturing in any country. GDP describes created value in country territory that gives possibility to consume it. Population, state administration and investment can use GDP. GDP is influenced by different factors and as essential are export and import. Latvian GDP systematically increases but still Latvian GDP is the lowest among European Union countries therefore it is important to clarify reasons for this situation and to propose solution to increase Latvian GDP and to use it rationally.
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