Latvia’s current account deficit widened to EUR 377 million in March of 2022 from EUR 103 million in the corresponding month of the previous year, marking the largest gap since 2007. The goods account gap widened to EUR 439 million from EUR 194 million and the primary income gap rose to EUR 102 million from EUR 80 million. At the same time, the services surplus slightly narrowed to EUR 128 million from EUR 135 million. Meanwhile, the secondary income surplus remained constant at EUR 36 million. source: Bank of Latvia
Current Account in Latvia averaged -64.88 EUR Million from 2000 until 2022, reaching an all time high of 343.50 EUR Million in June of 2009 and a record low of -546.30 EUR Million in July of 2007. This page provides the latest reported value for - Latvia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Current Account in Latvia is expected to be 30.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Current Account is projected to trend around 30.00 EUR Million in 2023, according to our econometric models.