Latvia’s current account switched to a deficit of EUR 28 million in August of 2021 from a EUR 1 million surplus in the corresponding month of the previous year. The goods account deficit widened to EUR 249 million from EUR 144 million; the services surplus was virtually unchanged at EUR 146 million from 147 million, and the secondary income surplus eased to EUR 39 million from EUR 63 million. On the other hand, the primary income account recorded a surplus of EUR 36 million from a deficit of EUR 64 million. source: Bank of Latvia
Current Account in Latvia averaged -64.83 EUR Million from 2000 until 2021, reaching an all time high of 343.50 EUR Million in June of 2009 and a record low of -546.30 EUR Million in July of 2007. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Current Account in Latvia is expected to be 30.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Current Account is projected to trend around 30.00 EUR Million in 2022, according to our econometric models.