Latvia - Current account balance
Current account balance (BoP, current US$)
The latest value for Current account balance (BoP, current US$) in Latvia was ($1,133,263,000) as of 2021. Over the past 29 years, the value for this indicator has fluctuated between $2,059,021,000 in 2009 and ($6,426,791,000) in 2007.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1992 | $191,424,000 |
| 1993 | $416,796,000 |
| 1994 | $201,218,000 |
| 1995 | ($16,164,000) |
| 1996 | ($279,783,000) |
| 1997 | ($345,041,000) |
| 1998 | ($649,503,000) |
| 1999 | ($654,300,000) |
| 2000 | ($290,706,900) |
| 2001 | ($500,858,700) |
| 2002 | ($522,806,900) |
| 2003 | ($849,262,800) |
| 2004 | ($1,679,792,000) |
| 2005 | ($1,985,617,000) |
| 2006 | ($4,520,559,000) |
| 2007 | ($6,426,791,000) |
| 2008 | ($4,483,621,000) |
| 2009 | $2,059,021,000 |
| 2010 | $412,690,900 |
| 2011 | ($943,497,000) |
| 2012 | ($1,049,325,000) |
| 2013 | ($841,193,100) |
| 2014 | ($530,305,500) |
| 2015 | ($165,925,600) |
| 2016 | $438,929,400 |
| 2017 | $397,821,900 |
| 2018 | ($70,436,850) |
| 2019 | ($228,224,000) |
| 2020 | $982,001,000 |
| 2021 | ($1,133,263,000) |
Current account balance (% of GDP)
Current account balance (% of GDP) in Latvia was 2.91 as of 2020. Its highest value over the past 25 years was 7.80 in 2009, while its lowest value was -20.96 in 2006.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1995 | -0.28 |
| 1996 | -4.68 |
| 1997 | -5.29 |
| 1998 | -9.06 |
| 1999 | -8.68 |
| 2000 | -3.65 |
| 2001 | -5.99 |
| 2002 | -5.47 |
| 2003 | -7.21 |
| 2004 | -11.64 |
| 2005 | -11.68 |
| 2006 | -20.96 |
| 2007 | -20.70 |
| 2008 | -12.51 |
| 2009 | 7.80 |
| 2010 | 1.72 |
| 2011 | -3.43 |
| 2012 | -3.72 |
| 2013 | -2.78 |
| 2014 | -1.69 |
| 2015 | -0.61 |
| 2016 | 1.56 |
| 2017 | 1.31 |
| 2018 | -0.20 |
| 2019 | -0.67 |
| 2020 | 2.91 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
