Latvia Current Account - Forecast

Current Account in Latvia is expected to be 2.74 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 -20.58 in 12 months time. In the long-term, the Latvia Current Account is projected to trend around -54.67 EUR Million in 2020, according to our econometric models.


Latvia Current Account
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Latvia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -238 -189 -186 -184 -182 -163
Exports 952 992 969 969 964 910
Imports 1190 1191 1186 1180 1174 1108
Current Account -37 2.74 -7.43 -14.85 -20.58 -54.67
Current Account to GDP 1.4 -1.2 -1.2 -1.2 -1.2 -0.7
External Debt 37552 37690 37687 37658 37596 35895
Capital Flows -152000 -89055 -98404 -86168 -79403 -46588
Gold Reserves 6.62 6.64 6.67 6.69 6.72 6.89
Terrorism Index 0 0.02 0.02 0.02 0.02 0.24
Foreign Direct Investment 77 61.64 55.77 53.71 52.41 51.1