Latvia Current Account Deficit Smallest in 6 Months

2026-10-14 08:46 By Erika Ordonez 1 min. read

Latvia recorded a current account deficit of EUR 107 million in August 2026, narrowing from a deficit of EUR 118 million in the corresponding month of the previous year, marking the smallest current account gap since February.

The primary income balance improved, shifting to a surplus of EUR 25 million from a deficit of EUR 57 million in August 2025, while the secondary income surplus also increased to EUR 77 million from EUR 31 million.

Meanwhile, the goods account deficit widened to EUR 410 million from EUR 298 million, while the services account surplus decreased slightly to EUR 201 million from EUR 207 million a year earlier.



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Latvia Current Account Deficit Smallest in 6 Months
Latvia recorded a current account deficit of EUR 107 million in August 2026, narrowing from a deficit of EUR 118 million in the corresponding month of the previous year, marking the smallest current account gap since February. The primary income balance improved, shifting to a surplus of EUR 25 million from a deficit of EUR 57 million in August 2025, while the secondary income surplus also increased to EUR 77 million from EUR 31 million. Meanwhile, the goods account deficit widened to EUR 410 million from EUR 298 million, while the services account surplus decreased slightly to EUR 201 million from EUR 207 million a year earlier.
2026-10-14
Latvia Current Account Deficit Narrows
Latvia's current account deficit narrrowed to €155 million in July 2026, compared with €327 million in the same period last year. The goods account deficit narrowed to EUR 490 million as export growth (15.4%) outpaced imports (9.9%). The primary income account swung to a surplus of EUR 42 million, compared with a deficit of EUR 40 million a year earlier, while the secondary income surplus more than doubled to EUR 108 million. In contrast, the services account narrowed to EUR 184 million.
2026-09-11
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.
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