Latvia’s current account deficit widened to EUR 66 million in March of 2021 from EUR 61 million in the corresponding month of the previous year. The primary income gap expanded to EUR 68 million from EUR 14 million, while the secondary income surplus shrank to EUR 36 million from EUR 48 million. In addition, the services surplus fell to EUR 134 million from EUR 148 milion, which was partially offset by a reduction in the good account deficit to EUR 167 million from EUR 243 million. source: Bank of Latvia
Current Account in Latvia averaged -62.85 EUR Million from 2000 until 2021, reaching an all time high of 343.50 EUR Million in June of 2009 and a record low of -546.30 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 May of 2021.
Current Account in Latvia is expected to be 50.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Latvia to stand at 30.00 in 12 months time. In the long-term, the Latvia Current Account is projected to trend around 30.00 EUR Million in 2022, according to our econometric models.