The current account balance in Latvia shifted to a EUR 53 million surplus in August 2019 from a EUR 156 million deficit in the corresponding month of the previous year. The goods gap narrowed to EUR 186 million from EUR 319 million a year earlier and the services surplus widened to EUR 224 million from EUR 209 million. Additionally, the primary income balance swung to a EUR 12 million surplus from a EUR 56 million shortfall in August 2018. Meanwhile, the secondary income surplus fell to EUR 3 million from EUR 9 million. Current Account in Latvia averaged -70.49 EUR Million from 2000 until 2019, reaching an all time high of 344 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
2019-07-15 10:00 AM Current Account May €-13M €-115M €20M
2019-08-09 10:00 AM Current Account Jun €41M €-13M €-30M
2019-09-11 10:00 AM Current Account Jul €-82M €-17M €-120M
2019-10-11 10:00 AM Current Account Aug €53M €-82M €-180M
2019-11-11 11:00 AM Current Account Sep €53M €-160M
2019-12-13 11:00 AM Current Account Oct €-110M


Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -177.50 -340.30 40.10 -557.20 EUR Million [+]
Current Account 53.00 -82.00 344.00 -546.00 EUR Million [+]
Current Account to GDP -1.00 0.70 11.90 -20.70 percent [+]
Imports 1275.23 1379.70 1547.79 52.50 EUR Million [+]
Exports 1097.68 1039.40 1213.62 53.10 EUR Million [+]
External Debt 35152.00 36107.00 37824.00 825.57 EUR Million [+]
Capital Flows 928000.00 555000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.62 6.60 7.75 6.60 Tonnes [+]
Terrorism Index 0.46 0.00 0.66 0.00 [+]
Tourist Arrivals 269702.00 219068.00 269702.00 71934.00 Units [+]
Foreign Direct Investment 76.00 86.00 315.00 -322.00 EUR Million [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.00 -82.00 344.00 -546.00 2000 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 25.71 Aug/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 6037.00 Aug/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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