Latvia Balance of Trade  Forecast


Latvia Balance of Trade
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Balance of Trade in Latvia is expected to be -137.50 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Latvia to stand at -137.86 in 12 months time. In the long-term, the Latvia Balance of Trade is projected to trend around -137.43 EUR Million in 2020, according to our econometric models.


Latvia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -101 -138 -138 -138 -138 -137
Exports 1102 1068 1063 1059 1054 1019
Imports 1203 1206 1200 1194 1188 1144
Current Account 74 33.09 21.04 11.36 3.09 -46.24
Current Account to GDP 1.5 -1.2 -1.2 -1.2 -1.2 -0.7
External Debt 37552 37690 37687 37658 37596 36566
Capital Flows -152000 -89055 -98404 -86168 -79403 -51711
Gold Reserves 6.62 6.64 6.67 6.69 6.72 6.89
Terrorism Index 0 0.02 0.02 0.02 0.02 0.17
Foreign Direct Investment 58 57.81 51.87 51.96 51.21 50.73