Latvia Current Account Balance (% GDP) Statistics

18, Mar 2019, EDT.

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Country or Region: Latvia › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Latvia indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Lats
Currency Symbol: LVL

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Latvia , Year 2015 - In Detail

Current Account Balance (% GDP) for Latvia in year 2015 is -1.601 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Latvia No. 66 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Latvia is 2.52 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Latvia was -1.98 % Current Account Balance (% GDP) for Latvia in 2015 was or will be 19.14% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Latvia was or will be -2.02 %, which is 26.42% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Latvia, in other Years
Year %
  2021 -1.859
  2020 -1.778
  2019 -1.902
  2018 -2.175
  2017 -2.236
  2016 -2.024
2015 -1.601
  2014 -1.98
  2013 -2.384
  2012 -3.297
  2011 -2.827
  2010 2.348
  2009 8.078
  2008 -12.368
  2007 -20.801
  2006 -20.918
  2005 -11.855
  2004 -12.309
  2003 -7.797
  2002 -6.487
  2001 -7.521
  2000 -4.722
  1999 -7.223
  1998 -9.052
  1997 -5.289
  1996 -4.689
  1995 -0.299
  1994 4.442
  1993 15.288
  1992 11.306
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a