Latvia recorded a current account deficit of EUR 13 million in May of 2019 compared to a EUR 10 million surplus in the same month of the previous year. The goods gap widened to EUR 221 million from EUR 189 million in May of 2018 and both the services surplus (EUR 206 million from EUR 220 million) and the secondary income surplus (EUR 22 million from EUR 35 million) narrowed. At the same time, the primary income deficit fell to EUR 20 million from EUR 56 million. Current Account in Latvia averaged -71.64 EUR Million from 2000 until 2019, reaching an all time high of 343 EUR Million in June of 2009 and a record low of -546 EUR Million in July of 2007.

Latvia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-11 10:00 AM Current Account Feb €247M €198M €210M
2019-05-16 10:00 AM Current Account Mar €29M €247M €-60M
2019-06-13 10:00 AM Current Account Apr €-115M €49M €50M
2019-07-15 10:00 AM Current Account May €-13M €-115M €20M
2019-08-09 10:00 AM Current Account Jun €-13M €-30M
2019-09-11 10:00 AM Current Account Jul €-120M
2019-10-11 10:00 AM Current Account Aug €-180M


Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -361.70 -290.60 40.10 -557.20 EUR Million [+]
Current Account -13.00 -115.00 343.00 -546.00 EUR Million [+]
Current Account to GDP -1.00 0.70 11.90 -20.70 percent [+]
Imports 1429.97 1347.00 1544.20 52.50 EUR Million [+]
Exports 1068.28 1056.40 1214.20 53.10 EUR Million [+]
External Debt 36107.00 35732.00 37824.00 825.57 EUR Million [+]
Capital Flows 555000.00 -310000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.60 6.60 7.75 6.60 Tonnes [+]
Terrorism Index 0.46 0.00 0.66 0.00 [+]
Foreign Direct Investment 1.00 79.00 314.00 -324.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Latvia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Latvia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-13.00 -115.00 343.00 -546.00 2000 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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