-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OIL+ahNRtIKbZhENjLn0uk2LLEHB2QXB6PMk7FDidCeMnIdwtHbJ9iZaYJ2dz+EE
 Ff9aP/Q/K8qma1qyZwXZfQ==

<SEC-DOCUMENT>0001234600-03-000005.txt : 20030528
<SEC-HEADER>0001234600-03-000005.hdr.sgml : 20030528
<ACCEPTANCE-DATETIME>20030528170413
ACCESSION NUMBER:		0001234600-03-000005
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030521
FILED AS OF DATE:		20030528

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LATIN AMERICA EQUITY FUND INC /MD
		CENTRAL INDEX KEY:			0000862599
		IRS NUMBER:				133577304
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		C/O CREDIT SUISSE ASSET MGMT, LLC
		STREET 2:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128753500

	MAIL ADDRESS:	
		STREET 1:		CREDIT SUISSE ASSET MGMT, LLC
		STREET 2:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LATIN AMERICA INVESTMENT FUND INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GALLAGHER JOSEPH D
		CENTRAL INDEX KEY:			0001234600

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06094
		FILM NUMBER:		03722050

	BUSINESS ADDRESS:	
		STREET 1:		C/O CREDIT SUISSE ASSET MANAGEMENT LLC
		STREET 2:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128753940

	MAIL ADDRESS:	
		STREET 1:		C/O CREDIT SUISSE ASSET MANAGEMENT LLC
		STREET 2:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <documentType>3</documentType>

    <periodOfReport>2003-05-21</periodOfReport>


    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000862599</issuerCik>
        <issuerName>LATIN AMERICA EQUITY FUND INC /MD</issuerName>
        <issuerTradingSymbol>LAQ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001234600</rptOwnerCik>
            <rptOwnerName>GALLAGHER JOSEPH D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chrmn of the Fund, Pres., CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>


    <ownerSignature>
        <signatureName>Stephanie Seiden, As Attorney-In-Fact</signatureName>
        <signatureDate>2003-05-28</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----