Latvia recorded a current account surplus of EUR 147 million in April of 2020 compared to a deficit of EUR 58 million in the corresponding month of the previous year. The goods deficit fell to EUR 71 million from EUR 236 million in April of 2019 while the services surplus decreased to EUR 162 million from EUR 218 million. Meantime, the primary income was in balance compared a deficit of EUR 56 million a year ago while the secondary income surplus rose to EUR 56 million from EUR 16 million.
Current Account in Latvia averaged -67.25 EUR Million from 2000 until 2020, 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 July of 2020. source: Bank of Latvia
Current Account in Latvia is expected to be -20.00 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 50.00 in 12 months time. In the long-term, the Latvia Current Account is projected to trend around 30.00 EUR Million in 2021, according to our econometric models.