Latvia recorded a current account deficit of EUR 23 million in February 2026, shifting from a surplus of EUR 3 million in the same month a year earlier, though the gap was the smallest since February 2024. The deterioration was mainly driven by the goods account, where the deficit widened sharply to EUR 288 million from EUR 112 million a year earlier. In contrast, the services account surplus increased to EUR 152 million from EUR 124 million. The primary income balance also improved, swinging to a surplus of EUR 41 million from a deficit of EUR 53 million, while the secondary income surplus grew to EUR 72 million from EUR 44 million. source: Bank of Latvia

Latvia recorded a Current Account deficit of 23 EUR Million in February of 2026. Current Account in Latvia averaged -71.26 EUR Million from 2000 until 2026, reaching an all time high of 343.00 EUR Million in June of 2009 and a record low of -546.00 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 April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-16 09:30 AM
Current Account
Jan €114M €47M €-97.0M
2026-04-13 08:30 AM
Current Account
Feb €-23M €114M €128.0M
2026-05-14 08:30 AM
Current Account
Mar €-23M


Related Last Previous Unit Reference
Balance of Trade -334.20 -171.30 EUR Million Feb 2026
Capital Flows -107.00 42.00 EUR Thousand Feb 2026
Current Account -23.00 114.00 EUR Million Feb 2026
Exports 1550.80 1575.10 EUR Million Feb 2026
External Debt 42807.00 43858.00 EUR Million Dec 2025
Imports 1885.00 1746.40 EUR Million Feb 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
-23.00 114.00 343.00 -546.00 2000 - 2026 EUR Million Monthly

News Stream
Latvia Current Account Gap Smallest in 2 Years
Latvia recorded a current account deficit of EUR 23 million in February 2026, shifting from a surplus of EUR 3 million in the same month a year earlier, though the gap was the smallest since February 2024. The deterioration was mainly driven by the goods account, where the deficit widened sharply to EUR 288 million from EUR 112 million a year earlier. In contrast, the services account surplus increased to EUR 152 million from EUR 124 million. The primary income balance also improved, swinging to a surplus of EUR 41 million from a deficit of EUR 53 million, while the secondary income surplus grew to EUR 72 million from EUR 44 million.
2026-04-13
Latvia Current Account Shifts to Surplus
Latvia recorded a current account surplus of EUR 114 million in January 2026, reversing a deficit of EUR 85 million in the same month a year earlier. This marks the largest surplus since December 2024, driven by a stronger services balance, which rose to EUR 182 million from EUR 146 million in January 2025. The primary income balance also improved, swinging to a surplus of EUR 41 million from a deficit of EUR 55 million. Meanwhile, the goods account shortfall narrowed to EUR 162 million from EUR 232 million, and the secondary income surplus slightly declined to EUR 53 million from EUR 56 million.
2026-03-16
Latvia Current Account Swings to Deficit
Latvia recorded a current account deficit of EUR 62 million in December 2025, shifting from a surplus of EUR 146 million in the same month of the previous year. The goods account shortfall expanded to EUR 388 million from EUR 331 million a year earlier, while the services account surplus narrowed to EUR 183 million from EUR 247 million. At the same time, the secondary income surplus decreased significantly to EUR 15 million from EUR 188 million. On the other hand, the primary income account surplus widened sharply to EUR 128 million, compared with EUR 43 million a year earlier.
2026-02-13