Economic outlook. Latvia.
Latvia is a country situated in the north-eastern Europe with a coastline along the Baltic Sea. It is bordered by Russia to the East, Belarus to the southeast, Estonia to the north and Lithuania to the south. Like other countries from the region Latvia has made a rapid transition to the free market since early 1990s, and since May 2004 become a full-fledged member of the European Union.
In the World Bank ranking of the countries in which it is the easiest to run the business “Doing Business 2018”, Latvia ranks high 19th, 3rd among new EU member states – behind Estonia (12th position) and Lithuania (16th position).
Latvia ranks among the EU countries with the highest GDP growth. In the last two years the economy grew at a rate well above four percent per year. Average salary in 2018 in Latvia increased by over 8% monthly, and reached 1,004 euro. Salaries increased the fastest in the following sectors: agriculture, services (including health services), mining and production.
Pig Meat Production by Country – Latvia.
As the Central Statistical Bureau of Latvia states, the total number of pigs slaughtered in Latvia (data from 10.2019) was 42 242.
As for the ASF situation in Latvia the last reported outbreak of the virus was in July 2019 (mainly in the southwestern part of the country) reports Latvian Food and Veterinary Service. Central Statistical Bureau of Latvia claims that “African swine fever resulted in a decline in the pig number at the end of 2018 – by 15.7 thousand or 4.9 %. As compared to 1938, it has reduced by 492 thousand or 62%”.