Latvia - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Latvia was $412,400,000 as of 2007. Over the past 15 years, the value for this indicator has fluctuated between $693,600,000 in 2004 and $70,794,000 in 1995.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 $106,595,000
1993 $77,885,000
1994 $132,768,000
1995 $70,794,000
1996 $93,490,000
1997 $77,377,000
1998 $124,367,000
1999 $92,953,000
2000 $195,135,000
2001 $144,164,000
2002 $263,333,000
2003 $530,159,000
2004 $693,600,000
2005 $596,400,000
2006 $479,500,000
2007 $412,400,000

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Latvia was 211,891,100 as of 2007. As the graph below shows, over the past 15 years this indicator reached a maximum value of 374,705,600 in 2004 and a minimum value of 22,087,250 in 1992.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 22,087,250
1993 25,572,430
1994 53,583,560
1995 34,886,440
1996 51,489,620
1997 44,949,620
1998 73,355,760
1999 54,393,030
2000 118,349,400
2001 90,523,020
2002 162,790,400
2003 302,972,600
2004 374,705,600
2005 336,797,200
2006 268,711,800
2007 211,891,100

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts