Latvia Current Account to GDP  1992-2017 | Data | Chart | Calendar

Latvia recorded a Current Account surplus of 1.50 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Latvia averaged -4.74 percent from 1992 until 2016, reaching an all time high of 11.90 percent in 1993 and a record low of -20.70 percent in 2006.

Latvia Current Account to GDP
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Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -166.50 -211.60 40.10 -557.10 EUR Million [+]
Exports 1070.56 1034.37 1070.56 53.10 EUR Million [+]
Imports 1237.10 1245.95 1287.14 52.50 EUR Million [+]
Current Account -20.00 -56.00 343.50 -546.30 EUR Million [+]
Current Account to GDP 1.50 -0.80 11.90 -20.70 percent [+]
External Debt 37552.00 37424.00 37810.39 825.57 EUR Million [+]
Capital Flows -152000.00 190000.00 1035230.00 -1395300.00 EUR THO [+]
Gold Reserves 6.62 6.62 7.75 6.62 Tonnes [+]
Terrorism Index 0.00 0.00 0.66 0.00 [+]
Foreign Direct Investment 42.00 73.00 267.87 -340.00 EUR Million [+]

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



Latvia Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Latvia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 -0.80 11.90 -20.70 1992 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16