Bosnia-Herzegovina & Latvia
The Ultimate Resource
for Diplomats and Business Leaders
Bilateral Similarity Index BSX:
59.4%
Isn't it fascinating that Bosnia and Herzegovina and Latvia are most similar in treaty engagements?
Dive into our meticulously researched 300-page hardcover report, featuring full-color analysis across 40 areas!
Distinct Geography of Bosnia and Herzegovina
Bosnia and Herzegovina stands out amidst Europe's geographical tapestry, boasting a blend of highland and lowland landscapes. As the country with the 6th highest percentage of mountains over 300m in the world, its terrain significantly shapes its identity.
Geographical Features of Latvia
Latvia’s strategic positioning at the crossroads of Northern and Eastern Europe gives it a distinctive geographical identity. The country boasts the fifth-highest proportion of forest cover in the EU, covering over half of its land area.
Bosnia and Herzegovina's Economic Emergence
Despite economic challenges, Bosnia and Herzegovina's economy is showing positive signs of growth, driven by strong consumer spending and export growth. Its robust household consumption reflects domestic stability, while a rapidly expanding services sector contributes to a diverse and increasingly resilient economy.
Latvia's Economic Path
Latvia's economy boasts distinctive strengths within the global landscape, anchored by strong credit ratings (A+), an attractive ease of doing business (19th), and a vibrant services sector, which constitutes 74% of its GDP. Latvia ranks highly in these domains, showcasing its economic resilience and competitive advantages.
Leadership Timeline
Željka Cvijanović
Chairman of the Presidency of the Republic
Željko Komšić
Presidency Member
Borjana Krišto
Chairwoman of the Council of Ministers
Elmedin Konaković
Minister of Foreign Affairs
Edgars Rinkēvičs
President
Evika Siliņa
Prime Minister
Baiba Braže
Minister of Foreign Affairs
Latvia's Population: Distinct Dynamics
Latvia's demographics reflect a captivating interplay of past and present, where tradition embraces modernity to forge a unique societal tapestry. With a population of approximately 1.
Bosnia's Population: A Diverse Blend
Bosnia and Herzegovina has a population of approximately 3.3 million people, characterized by its ethnic diversity.
Latvia: Export Successes and Areas of Improvement
Latvia stands out for its balanced trade mix, with exports accounting for over 63% of GDP. The country boasts strong high-technology exports, which constitute over 17% of manufactured exports, a sector poised for continued growth in today's global marketplace.
Bosnia and Herzegovina's Trade Networks
Bosnia and Herzegovina boasts a distinct trade profile, leveraging its strategic position within the European continent to cultivate vibrant export and import partnerships. The country's exports, primarily composed of goods, hold a substantial share of its GDP at over 42%, reflecting a strong export-driven economy.
What's Inside the "Bosnia and Herzegovina & Latvia" Report?
Each Bilateral Navigator report is a vital resource for diplomats and business leaders, offering quick insights into a foreign country through comparison with their own. By analyzing 40 key areas, we calculate the similarities between Bosnia and Herzegovina and Latvia, covering topics like geography, economy, international relations, and culture. This empowers you to confidently engage in a new country, impressing your hosts with data-driven knowledge while celebrating the bilateral relationship rather than focusing on one country alone.
1. Geopolitical Context: Compare the geography, demographics, and transport systems of Bosnian and Latvian regions to uncover strategic advantages and shared interests.
2. Economic Synergy: Explore Bosnia and Herzegovina and Latvia's economic outputs, trade relations, investments, and tourism flows, highlighting complementary strengths.
3. Green Partnership: Examine how the countries align in agricultural practices, energy production, and environmental policies, advancing sustainability together.
4. Human Empowerment: Analyze the healthcare and education systems of both Bosnia and Herzegovina and Latvia, along with social equity and gender balance efforts, spotlighting progress in human development.
5. Innovation Nexus: Explore high-tech sectors, shared skills, and educational exchanges between Bosnians and Latvians, showcasing their roles in global innovation.
6. Political Landscape: Discover the governance structures, historical leadership trends, and security policies of Bosnia and Herzegovina and Latvia, shedding light on their political paths.
7. Diplomatic Cooperation: Review the diplomatic network between Bosnia and Herzegovina and Latvia, their multilateral treaties, and how closely they align in UN voting patterns, providing insight into their international relations.
8. Business Networking: Understand the professional exchanges and key industries that connect Bosnian and Latvian business communities, identifying opportunities for collaboration.
9. Communication & Media: Compare Bosnia and Herzegovina and Latvia's media landscapes, including telecom, social media engagement, and notable public figures historically or contemporarily connecting the two countries.
10. Shared Passions: From cultural heritage to sports achievements and cuisine, explore the cultural elements that bring Bosnians and Latvians together, highlighting areas of shared interest and enjoyment.