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The amount of money
spent on energy
imports should have
been a concern, as well
as the vulnerability of
the currency, the
inflation rate and the
leverage ratio of debt
to reserves. At the time,
we had been interested
in calculating what
nearby Lithuania
should pay to buy the
enclave of Kaliningrad.
One conclusion was
Lithuania (and
neighbors) had to use
solar energy to
strengthen their
financial situations,
both directly and
indirectly (to lower
unemployment,
especially in cities like
Riga) .
Measure
2006
2005
Population
2,274,735
2,290,237
Riga population
753,478
747,216
Infant mortality
0.935%
0.955%
Life expectancy
71.33
71.05
HIV+ adults
8,000 (0.5%)
7,900
Literacy
99.8%
99.8%
GDP per capita
13,000
11,500
Unemployment
8.8%
8.8%
Government revenues
$5.646 billion
$4.231 billion
Government expenses
$5.889 billion
$4.504 billion
Inflation
5.9%
6.0%
Electricity net imports
2.516 trillion watt hours
1.600 TwH
Natural gas imports
1.7 billion cubic meters
1.700
Oil imports
29,000 barrels per day
44,000
Imports
$8.559 billion
$5.970 billion
Exports
$5.749 billion
$3.569 billion
Foreign reserves
$2.2 billion
$1.650 billion
External debt
$13.2 billion
$7.368 billion
Currency (lati / US $)
.5597
.5647