Latvia recorded a current account surplus of EUR 41 million in June of 2019 compared to a EUR 17 million deficit in the same month of the previous year. The services surplus increased slightly to EUR 233 million from EUR 203 million in June 2018 while the goods deficit rose to EUR 237 million from EUR 174 million. Meantime, the primary income gap fell to EUR 18 million from EUR 96 million and the secondary income surplus went up to EUR 63 million from EUR 45 million a year ago. Current Account in Latvia averaged -71.16 EUR Million from 2000 until 2019, reaching an all time high of 343 EUR Million in June of 2009 and a record low of -546 EUR Million in July of 2007.

Latvia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-16 10:00 AM Current Account Mar €29M €247M €-60M
2019-06-13 10:00 AM Current Account Apr €-115M €49M €50M
2019-07-15 10:00 AM Current Account May €-13M €-115M €20M
2019-08-09 10:00 AM Current Account Jun €41M €-13M €-30M
2019-09-11 10:00 AM Current Account Jul €41M €-120M
2019-10-11 10:00 AM Current Account Aug €-180M
2019-11-11 11:00 AM Current Account Sep €-160M


Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -225.90 -361.70 40.10 -557.20 EUR Million [+]
Current Account 41.00 -13.00 343.00 -546.00 EUR Million [+]
Current Account to GDP -1.00 0.70 11.90 -20.70 percent [+]
Imports 1208.78 1429.97 1547.79 52.50 EUR Million [+]
Exports 982.94 1068.28 1213.62 53.10 EUR Million [+]
External Debt 36107.00 35732.00 37824.00 825.57 EUR Million [+]
Capital Flows 555000.00 -310000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.60 6.60 7.75 6.60 Tonnes [+]
Terrorism Index 0.46 0.00 0.66 0.00 [+]
Foreign Direct Investment 1.00 79.00 314.00 -324.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Latvia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
41.00 -13.00 343.00 -546.00 2000 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20646.19 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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