Economy Riga is one of the key economic and financial centres of the Baltic states. Roughly half of all the jobs in Latvia are in Riga and the city generates more than 50% of Latvia's GDP as well as around half of Latvia's exports. The biggest exporters are in wood products, IT, food and beverage manufacturing, pharmaceuticals, transport and metallurgy. Riga Port is one of the largest in the Baltics. It handled a record 34 million tons of cargo in 2011 and has potential for future growth with new port developments on Krievu Sala. Tourism is also a large industry in Riga and after a slowdown during the global economic recessions of the late 2000s, grew 22% in 2011 alone.
Economy Riga is one of the key economic and financial centres .of the Baltic states Roughly half of all the jobs in Latvia are in Riga and the city generates more than 50% of Latvia's GDP as well as around half of Latvia's exports. The biggest exporters are in wood products, IT, food and beverage manufacturing, pharmaceuticals, transport and metallurgy Riga Port is one of the largest i.n the Baltics. It handled a record 34 million tons of cargo in 2011 and has potential for future growth with new port developments on Krievu Sala. Tourism is also a large industry in Riga and after a slowdown during the global economic recessions of the late 2000s, grew 22% in 2011 alone.