Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Latvia Current Account Value and percent from GDP

Latvia Current Account Data

Indicator Data Period
Current Account to GDP 3 % 2020
Current Account -377 EUR Million | -0.403 B USD Mar/22


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Latvia - Historical Data (%)

What is ratio of Latvia Current Account to GDP?

  • The deficit of Current Account to GDP in Latvia increased to 3 % in 2020. The maximum surplus was 11.9 % and deficit was -20.6 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
3 2020 24.05.2021
-0.5 2019 14.04.2020
-1 2018 11.04.2019
0.7 2017 17.01.2019
1.4 2016 21.02.2018
-0.8 2015 31.12.2015
-2 2014 31.12.2014
-2.7 2013 31.12.2013


Historical Chart by presidents (%)

Current Account to GDP in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - 1.5000 -0.8000 1.5000 -0.8000 -153.33%
Guntis Ulmanis 08.07.1993 - 08.07.1999 11.9000 -0.3000 11.9000 -3.6000 -102.52%


Latest data on Current Account (EUR Million)

Current Account
                     Latvia - Historical Data (EUR Million)

What is Latvia Current Account Deficit?

  • The deficit of Current Account in Latvia decreased to 377 EUR Million (0.403 B USD) in March 2022. The maximum value was 344 EUR Million and minimum was -546 EUR Million.
  • Data published Monthly by Central Bank.

Historical Data (EUR Million) by years

Data
Period
Date
-377 Mar/22 13.05.2022
-6 Feb/22 13.04.2022
1 Jan/22 16.03.2022
183 Dec/21 11.02.2022
5 Nov/21 18.01.2022
-28 Aug/21 14.10.2021
-175 Jul/21 13.09.2021
-231 Jun/21 13.08.2021


Historical Chart by presidents (EUR Million)

Current Account in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - -187.0000 23.0000 198.0000 -187.0000 -112.30%

Other trade indicators in Latvia

Index Updated Actual Previous
Balance of Trade Mar/22 -0.471 B USD -0.274
Capital Flows 4Q/21 0.386 B USD -0.341
Exports Mar/22 1.875 B USD 1.568
Foreign Exchange Reserves Apr/22 4.836 B USD 4.756
Imports Mar/22 2.346 B USD 1.843

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2020 2.5 % 2.8
Ireland 2020 4.6 % -11.3
Luxembourg 2020 4.3 % 4.6
Spain 2020 0.7 % 2.1
Iceland 2020 1 % 6.4
Norway 2020 2 % 2.8
Belarus 2020 -0.4 % -1.9
Belgium 2020 -0.2 % 0.3
Bulgaria 2020 -0.7 % 1.8
Croatia 2020 -0.3 % 3
Cyprus 2020 -11.9 % -6.3
Czech Republic 2020 3.6 % 0.3
Denmark 2020 7.8 % 8.9
Estonia 2020 -0.6 % 2
Euro Area 2020 3 % 3.1
European Union 2020 3 % 3
Finland 2020 0.3 % -0.3
France 2021 -1 % -1.9
Germany 2020 7 % 7.5
Greece 2020 -6.7 % -1.5
Hungary 2020 0 % -0.4
Italy 2020 3.6 % 3.2
Latvia 2020 3 % -0.6
Lithuania 2020 8.3 % 3.3
Macedonia 2020 -3.5 % -3.3
Malta 2020 -4 % 5.8
Moldova 2021 -11.6 % -7.7
Montenegro 2020 -25.9 % -15
Netherlands 2020 7.8 % 9.9
Poland 2020 3.6 % 0.5
Portugal 2020 -1.2 % 0.4
Romania 2020 -5.1 % -4.7
Russia 2021 6.8 % 2.4
Serbia 2020 -4.3 % -6.9
Slovakia 2020 -0.4 % -2.7
Slovenia 2020 7.1 % 5.6
Sweden 2020 5.2 % 5.1
Switzerland 2020 3.8 % 6.7
Turkey 2021 -1.7 % -5
Ukraine 2020 4.3 % -2.7
United Kingdom 2018 -3.9 % -4.1
Albania 2020 -8.9 % -8.5
Bosnia and Herzegovina 2020 -3.1 % -3.1
Kosovo 2020 -7.2 % -5.8