Latvia Current Account to GDP  1992-2016 | Data | Chart | Calendar

Latvia is expected to record a current account deficit equivalent to 1.9 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Latvia averaged -5.16 percent from 1992 until 2014, reaching an all time high of 11.90 percent in 1993 and a record low of -20.70 percent in 2006. Current Account to GDP in Latvia is reported by the Eurostat.

Latvia Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -2.30 11.90 -20.70 1992 - 2015 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Latvia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -169.00 -160.50 40.10 -557.20 EUR Million [+]
Exports 815.40 841.30 1061.70 53.10 EUR Million [+]
Imports 984.10 1001.80 1227.00 52.50 EUR Million [+]
Current Account -97.10 21.58 348.10 -546.30 EUR Million [+]
Current Account to GDP -1.90 -2.30 11.90 -20.70 percent [+]
External Debt 35147.58 33567.68 35496.12 825.57 EUR Million [+]
Capital Flows 174840.00 44060.00 1035230.00 -1395300.00 EUR THO [+]
Gold Reserves 6.62 6.62 7.75 6.62 Tonnes [+]
Foreign Direct Investment -364.56 46.89 267.87 -364.56 EUR Million [+]
Terrorism Index 0.00 0.00 0.66 0.00 [+]




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Macau 38.00 Dec/14
Singapore 19.70 Dec/15
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European Union 2.10 Dec/15
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Belgium 1.60 Dec/15
Guinea Bissau 1.50 Dec/15
Spain 1.50 Dec/15
Venezuela 1.40 Dec/13
Bulgaria 1.20 Dec/15
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Paraguay 0.80 Dec/14
Portugal 0.70 Dec/15
Iran 0.41 Dec/15
Azerbaijan 0.40 Dec/15
Algeria 0.30 Dec/14
Slovakia 0.30 Dec/15
Uzbekistan 0.30 Dec/15
Vietnam 0.30 Dec/15
Eritrea 0.17 Dec/14
Cuba 0.10 Dec/15
Finland 0.00 Dec/15
Poland -0.20 Dec/15
Ukraine -0.20 Dec/15
Guatemala -0.30 Dec/15
Egypt -0.44 Dec/14
Ecuador -0.60 Dec/14
Syria -0.62 Dec/10
Bangladesh -0.80 Dec/15
Iraq -0.80 Dec/14
Argentina -0.90 Dec/14
Pakistan -1.00 Jun/15
Romania -1.00 Dec/15
India -1.25 Dec/15
France -1.40 Dec/15
Macedonia -1.40 Dec/15
Greece -1.80 Dec/15
Dominican Republic -1.90 Dec/15
Latvia -1.90 Dec/15
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Armenia -2.70 Dec/15
United States -2.70 Dec/15
Mexico -2.80 Dec/15
Zambia -3.00 Dec/15
New Zealand -3.10 Dec/15
Kazakhstan -3.20 Dec/15
Canada -3.30 Dec/15
Brazil -3.32 Dec/15
El Salvador -3.60 Dec/15
Mali -3.60 Dec/15
Belarus -3.80 Dec/15
Nigeria -3.80 Dec/15
Uruguay -3.90 Dec/15
Costa Rica -4.20 Dec/15
Cameroon -4.30 Dec/15
Cape Verde -4.30 Dec/15
Peru -4.39 Dec/15
South Africa -4.40 Dec/15
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Burundi -4.50 Dec/15
Turkey -4.50 Dec/15
Yemen -4.50 Dec/13
Australia -4.60 Dec/15
Guyana -4.60 Dec/15
Cyprus -4.80 Dec/15
Mongolia -4.80 Dec/15
Serbia -4.80 Dec/15
Mauritius -4.90 Dec/15
United Kingdom -5.20 Dec/15
Bosnia and Herzegovina -5.60 Dec/15
Chad -5.60 Dec/14
Tajikistan -5.90 Dec/15
Morocco -6.10 Dec/15
Honduras -6.40 Dec/15
Bolivia -6.50 Dec/15
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Kosovo -7.60 Dec/14
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Senegal -8.10 Dec/15
Nicaragua -8.20 Dec/15
Saudi Arabia -8.20 Dec/15
Congo -8.40 Dec/14
Lesotho -8.40 Dec/15
Myanmar -8.90 Dec/15
Jordan -9.00 Dec/15
Uganda -9.10 Dec/15
Belize -10.00 Dec/15
Albania -10.10 Dec/15
Cambodia -10.60 Dec/14
Palestine -10.90 Dec/14
Tanzania -11.00 Dec/14
Togo -11.20 Dec/15
Kenya -11.40 Dec/15
Central African Republic -11.50 Dec/15
Georgia -11.80 Dec/15
Turkmenistan -11.80 Dec/15
Maldives -11.90 Dec/15
Rwanda -12.30 Mar/16
Comoros -12.90 Dec/14
Montenegro -12.90 Dec/15
Bahamas -14.20 Dec/14
Republic of the Congo -14.50 Dec/15
Kyrgyzstan -14.80 Dec/15
Benin -15.20 Dec/14
Oman -15.40 Dec/15
Djibouti -16.00 Dec/15
Sao Tome and Principe -17.00 Dec/14
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Malawi -19.20 Dec/14
Gambia -20.00 Dec/15
Laos -20.30 Dec/15
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Cayman Islands -23.10 Dec/15
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Lebanon -25.00 Dec/15
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Bhutan -30.20 Dec/15
Sierra Leone -35.60 Dec/14
Liberia -36.90 Dec/15
Mozambique -40.40 Dec/15
Afghanistan -43.00 Dec/13