Latvia recorded a Current Account deficit of 0.50 percent of the country's Gross Domestic Product in 2019. source: Eurostat
Current Account to GDP in Latvia averaged -4.28 percent from 1992 until 2019, reaching an all time high of 11.90 percent in 1993 and a record low of -20.70 percent in 2006. This page provides - Latvia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Current Account to GDP - values, historical data and charts - was last updated on November of 2020.
Current Account to GDP in Latvia is expected to reach -1.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Current Account to GDP is projected to trend around -1.50 percent in 2021 and -1.40 percent in 2022, according to our econometric models.