Latvia’s current account deficit widened to EUR 175 million in July of 2021 from EUR 152 million in the corresponding month of the previous year. The goods account deficit increased to EUR 380 million from EUR 284 million; the services surplus fell to EUR 124 million from 152 million; and the secondary income surplus eased to EUR 53 million from EUR 59 million. On the other hand, the primary income account recorded a surplus of EUR 26 million from a deficit of EUR 78 million, the first surplus since December of 2020. source: Bank of Latvia
Current Account in Latvia averaged -64.55 EUR Million from 2000 until 2021, 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 September of 2021.
Current Account in Latvia is expected to be 50.00 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 2022, according to our econometric models.