Latvia’s current account deficit widened to EUR 296 million in June 2025 from EUR 152 million in the same month of the previous year, driven by a larger goods trade gap and a weaker services surplus. The goods deficit rose to EUR 473 million from EUR 344 million a year earlier, and the services surplus narrowed to EUR 161 million from EUR 200 million. Additionally, the secondary income surplus fell to EUR 65 million from EUR 75 million. In contrast, the primary income account gap decreased to EUR 48 million from EUR 84 million. source: Bank of Latvia

Latvia recorded a Current Account deficit of 296 EUR Million in June of 2025. Current Account in Latvia averaged -72.42 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 September of 2025.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-14 08:30 AM
Current Account
May €-106M €34M €100.0M
2025-08-13 08:30 AM
Current Account
Jun €-296M €-154M € -140.0M
2025-09-12 08:30 AM
Current Account
Jul €-296M €-250.0M


Related Last Previous Unit Reference
Balance of Trade -464.40 -300.80 EUR Million Jun 2025
Capital Flows -3000.00 174000.00 EUR Thousand Mar 2025
Current Account -296.00 -154.00 EUR Million Jun 2025
Exports 1397.88 1591.03 EUR Million Jun 2025
External Debt 43038.00 39758.00 EUR Million Mar 2025
Imports 1862.34 1891.78 EUR Million Jun 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
-296.00 -154.00 343.00 -546.00 2000 - 2025 EUR Million Monthly

News Stream
Latvia Current Account Gap Widens in June
Latvia’s current account deficit widened to EUR 296 million in June 2025 from EUR 152 million in the same month of the previous year, driven by a larger goods trade gap and a weaker services surplus. The goods deficit rose to EUR 473 million from EUR 344 million a year earlier, and the services surplus narrowed to EUR 161 million from EUR 200 million. Additionally, the secondary income surplus fell to EUR 65 million from EUR 75 million. In contrast, the primary income account gap decreased to EUR 48 million from EUR 84 million.
2025-08-13
Latvia Current Account Deficit Widens in May
Latvia’s current account deficit widened to EUR 106 million in May 2025 from EUR 87 million in the same month of the previous year, driven by a larger goods trade gap and a weaker services surplus. The goods deficit rose to EUR 339 million from EUR 248 million, while the services surplus narrowed to EUR 129 million from EUR 189 million. In contrast, the primary income account shifted to a EUR 30 million surplus from a EUR 79 million shortfall, and the secondary income surplus increased to EUR 75 million from EUR 52 million.
2025-07-14
Latvia Current Account Shifts to Surplus
Latvia’s current account posted a surplus of EUR 34 million in April 2025, reversing from a deficit of EUR 164 million in the same month of the previous year. This marked the first current account surplus of the year, as the primary income account shifted to a surplus of EUR 108 million from a shortfall of EUR 58 million a year ago. Additionally, the secondary income surplus widened to EUR 128 million from EUR 53 million, while the goods account gap narrowed to EUR 328 million from EUR 343 million. Meanwhile, the services account surplus decreased to EUR 127 million from EUR 184 million in the corresponding period of last year.
2025-06-13