Latvia recorded a current account deficit of EUR 62 million in December 2025, shifting from a surplus of EUR 146 million in the same month of the previous year. The goods account shortfall expanded to EUR 388 million from EUR 331 million a year earlier, while the services account surplus narrowed to EUR 183 million from EUR 247 million. At the same time, the secondary income surplus decreased significantly to EUR 15 million from EUR 188 million. On the other hand, the primary income account surplus widened sharply to EUR 128 million, compared with EUR 43 million a year earlier. source: Bank of Latvia

Latvia recorded a Current Account deficit of 62 EUR Million in December of 2025. Current Account in Latvia averaged -72.02 EUR Million from 2000 until 2025, reaching an all time high of 343.00 EUR Million in June of 2009 and a record low of -546.00 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 February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-13 09:30 AM
Current Account
Nov €-86M €-23M €30.0M
2026-02-13 09:30 AM
Current Account
Dec €-62M €-185M €-100.0M
2026-03-16 09:30 AM
Current Account
Jan €-62M


Related Last Previous Unit Reference
Balance of Trade -336.60 -325.90 EUR Million Dec 2025
Capital Flows 299000.00 150000.00 EUR Thousand Sep 2025
Current Account -62.00 -185.00 EUR Million Dec 2025
Exports 1515.60 1551.63 EUR Million Dec 2025
External Debt 43858.00 44845.00 EUR Million Sep 2025
Imports 1852.20 1877.47 EUR Million Dec 2025


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).
Actual Previous Highest Lowest Dates Unit Frequency
-62.00 -185.00 343.00 -546.00 2000 - 2025 EUR Million Monthly

News Stream
Latvia Current Account Swings to Deficit
Latvia recorded a current account deficit of EUR 62 million in December 2025, shifting from a surplus of EUR 146 million in the same month of the previous year. The goods account shortfall expanded to EUR 388 million from EUR 331 million a year earlier, while the services account surplus narrowed to EUR 183 million from EUR 247 million. At the same time, the secondary income surplus decreased significantly to EUR 15 million from EUR 188 million. On the other hand, the primary income account surplus widened sharply to EUR 128 million, compared with EUR 43 million a year earlier.
2026-02-13
Latvia Current Account Gap Widens to Four-Month High
Latvia recorded a current account deficit of €86 million in November 2025, compared with a €46 million trade surplus in the same month a year earlier, marking the largest shortfall in four months. The deterioration was largely driven by the goods account deficit, which widened to €381 million from €159 million, while the services account surplus fell to €164 million from €241 million. On the income side, the primary income account rebounded to a €36 million surplus, reversing a €95 million deficit a year ago. The secondary income account also saw its surplus expand, rising to €95 million from €59 million.
2026-01-13
Latvia Current Account Gap Smallest in 20 Years
Latvia recorded a current account deficit of EUR 23 million in October 2025, narrowing from EUR 77 million in the corresponding month of the previous year. This marked the smallest deficit since February last year, driven by primary income, which posted a surplus of EUR 97 million, shifting from a shortfall of EUR 49 million a year ago. Additionally, the surplus in the secondary income account widened to EUR 55 million from EUR 27 million. On the other hand, the goods account gap expanded to EUR 326 million from EUR 253 million, while the services account surplus declined to EUR 152 million from EUR 198 million.
2025-12-15