Latvia Current Account to GDP 1992-2014 | Data | Chart | Calendar

Latvia recorded a Current Account deficit of 0.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Latvia averaged -5.60 Percent from 1992 until 2013, reaching an all time high of 11.90 Percent in 1993 and a record low of -22.50 Percent in 2006. Current Account to GDP in Latvia is reported by the Eurostat.

   
 
 

Latvia Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -2.50 11.90 -22.50 1992 - 2013 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. Content for - Latvia Current Account to GDP - was last refreshed on Thursday, October 30, 2014.

Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -177.00 -206.70 40.10 -557.10 EUR Million [+]
Exports 811.20 848.40 993.60 53.10 EUR Million [+]
Imports 988.20 1055.10 1227.00 52.50 EUR Million [+]
Current Account -18.20 -45.20 355.40 -546.30 EUR Million [+]
Current Account to GDP -0.80 -2.50 11.90 -22.50 Percent [+]
External Debt 30291.01 30436.68 30436.68 825.57 LVL Million [+]
Capital Flows -136870.00 63960.00 1021752.00 -547362.00 LVL THO [+]
Gold Reserves 6.62 6.62 7.75 6.62 Tonnes [+]