Latvia: Current Account, quarterly
* indicates monthly or quarterly data series
The most recent value is -1.62 percent as of March 2026, an increase compared to the previous value of -6.33 percent. Historically, the average for Latvia from March 2000 to March 2026 is -4.54 percent. The minimum of -26.7 percent was recorded in December 2006, while the maximum of 12.41 percent was reached in June 2009.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: OECD
| Recent values | Latvia: Current account, quarterly |
|---|---|
| 2026 Mar | -1.62 |
| 2025 Dec | -6.33 |
| 2025 Sep | -1.45 |
| 2025 Jun | -2.98 |
| 2025 Mar | -2.9 |
| 2024 Dec | -2.23 |
| 2024 Sep | -1.75 |
| 2024 Jun | -1.75 |
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Definition: The current account as percent of GDP, seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 103.70 | 2024 | percent |
| Trade openness | 129.72 | 2025 | percent |
| Financial openness | 2.290 | 2022 | index points |
| Exports, percent of GDP | 62.57 | 2025 | percent |
| Exports, billion dollars | 30.42 | 2025 | billion U.S. dollars |
| Growth of exports | 0.07 | 2025 | percent |
| Imports, percent of GDP | 67.15 | 2025 | percent |
| Imports, billion dollars | 32.65 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.50 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 1.51 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -28.11 | 2024 | million dollars (current) |
| Current account, percent of GDP | -3.38 | 2025 | percent |
| Current account, in dollars | -1.64 | 2025 | billion U.S. dollars |
| Current Account, quarterly | -1.62 | 3/2026 | percent |
| Trade balance, percent of GDP | -4.58 | 2025 | percent |
| Trade balance, in dollars | -0.70 | 2024 | billion U.S. dollars |
| Reserves | 6.10 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 3.06 | 2024 | percent |
| Remittances | 1,443.05 | 2025 | million U.S. dollars |
| Net errors and omissions | 342.81 | 2025 | million USD |
| External debt | 112.78 | 2021 | percent |
| Short-term external debt | 48.11 | 2021 | percent |
| Short-term debt to reserves | 377.50 | 2021 | percent |
| External debt in foreign currencies | 10.43 | 2021 | percent |