Official language: Latvian
National Association (NA): –
Currency: Lats (LVL)
Overview of Latvian e-commerce statistics
Online shoppers: 350 thousand
Average spending per online shopper: €352
E-commerce turnover (% of total turnover): 0.83%
Standard VAT-rate: 21%
Latvian online population
Latvia’s population exists of 2 million people, of which 77% uses the internet. 350 thousand of these internet users shop online. These online shoppers or e-shoppers on average spend €352 per year.
The Latvian GDP reached €20,500 million in 2014. Of the total turnover, 0.83% was spent on e-commerce. The VAT-rate in Latvia is 21%.