Latvia Current Account Gap Largest Since 2008

2026-08-13 09:19 By Erika Ordonez 1 min. read

Latvia’s current account deficit widened to EUR 334 million in June 2026, compared with EUR 266 million in the corresponding month of the previous year, marking the largest deficit since April 2008.

The goods account shortfall also increased to EUR 509 million from EUR 470 million, while the primary income gap widened sharply to EUR 105 million compared with EUR 31 million a year earlier.

Meanwhile, the services account surplus grew to EUR 182 million from EUR 160 million, while the secondary income balance improved to a surplus of EUR 97 million from EUR 75 million a year earlier.



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Latvia Current Account Gap Largest Since 2008
Latvia’s current account deficit widened to EUR 334 million in June 2026, compared with EUR 266 million in the corresponding month of the previous year, marking the largest deficit since April 2008. The goods account shortfall also increased to EUR 509 million from EUR 470 million, while the primary income gap widened sharply to EUR 105 million compared with EUR 31 million a year earlier. Meanwhile, the services account surplus grew to EUR 182 million from EUR 160 million, while the secondary income balance improved to a surplus of EUR 97 million from EUR 75 million a year earlier.
2026-08-13
Latvia Current Account Deficit Narrows in May
Latvia recorded a current account deficit of EUR 103 million in May 2026, narrowing from a deficit of EUR 149 million in the corresponding month of the previous year. The services account surplus widened to EUR 184 million from EUR 171 million a year earlier. At the same time, the primary income balance improved, shifting to a surplus of EUR 30 million from a deficit of EUR 44 million, while the secondary income surplus also increased to EUR 88 million from EUR 62 million. Meanwhile, the goods account deficit widened to EUR 406 million from EUR 338 million.
2026-07-14
Latvia Current Account Gap Widens in April
Latvia’s current account deficit widened to EUR 84 million in April 2026, compared with EUR 63 million in the corresponding month of the previous year. The goods account deficit expanded to EUR 357 million from EUR 330 million. At the same time, the secondary income surplus moderated sharply to EUR 75 million from EUR 124 million. On the other hand, the services account surplus increased to EUR 174 million from EUR 162 million, while the primary income account shifted to a EUR 23 million surplus from a EUR 20 million deficit a year earlier.
2026-06-12