Latvia posted a current account surplus of EUR 29 million in March 2019, compared to a EUR 68 million deficit in the corresponding month of the previous year, as the services surplus widened to EUR 197 million from EUR 169 million and the goods deficit decreased to EUR 98 million from EUR 239 million. Meanwhile, the secondary income surplus fell to EUR 6 million from EUR 12 million and the primary income gap grew to EUR 76 million from EUR 10 million. Considering the first quarter as a whole, the current account surplus widened to EUR 474 million from EUR 201 million in the same period of 2018. Current Account in Latvia averaged -70.90 EUR Million from 2000 until 2019, reaching an all time high of 343 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
2019-02-12 11:00 AM Current Account €18M €92M € -47.1M
2019-03-14 09:45 AM Current Account €198M €43M €105M
2019-04-11 10:00 AM Current Account €247M €198M €210M
2019-05-16 10:00 AM Current Account €29M €247M €-60M
2019-06-13 10:00 AM Current Account €29M €50M
2019-07-15 10:00 AM Current Account €20M
2019-08-09 10:00 AM Current Account €-30M


Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -273.30 -140.50 40.10 -557.20 EUR Million [+]
Current Account 29.00 247.00 343.00 -546.00 EUR Million [+]
Current Account to GDP -1.00 0.70 11.90 -20.70 percent [+]
Imports 1364.60 1099.48 1518.30 52.50 EUR Million [+]
Exports 1091.30 959.01 1186.50 53.10 EUR Million [+]
External Debt 35732.00 36246.00 37824.00 825.57 EUR Million [+]
Capital Flows -310000.00 330000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.60 6.60 7.75 6.60 Tonnes [+]
Terrorism Index 0.46 0.00 0.66 0.00 [+]
Foreign Direct Investment -9.00 96.00 314.00 -324.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
29.00 247.00 343.00 -546.00 2000 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 15.50 Feb/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3252.80 Feb/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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