Latvia Current Account  Forecast


Current Account in Latvia is expected to be -91.99 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 -91.08 in 12 months time. In the long-term, the Latvia Current Account is projected to trend around -84.61 EUR Million in 2020, according to our econometric models.


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Latvia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -329 -312 -306 -300 -294 -253
Exports 958 934 936 930 926 886
Imports 1287 1253 1245 1239 1233 1183
Current Account -56 -91.99 -93.63 -92.34 -91.08 -84.61
Current Account to GDP 1.5 -1.6 -1.2 -1.2 -1.2 -0.7
External Debt 37424 37550 37561 37524 37477 36282
Capital Flows 190000 145176 116275 95543 75380 -12335
Gold Reserves 6.62 6.67 6.7 6.73 6.76 6.96
Foreign Direct Investment 42 51.07 51.51 50.4 50.19 49.85
Terrorism Index 0 0.02 0.03 0.04 0.05 0.25