Latvia - Current account balance (% of GDP)

Current account balance (% of GDP) in Latvia was 2.91 as of 2020. Its highest value over the past 25 years was 7.80 in 2009, while its lowest value was -20.96 in 2006.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 -0.28
1996 -4.68
1997 -5.29
1998 -9.06
1999 -8.68
2000 -3.65
2001 -5.99
2002 -5.47
2003 -7.21
2004 -11.64
2005 -11.68
2006 -20.96
2007 -20.70
2008 -12.51
2009 7.80
2010 1.72
2011 -3.43
2012 -3.72
2013 -2.78
2014 -1.69
2015 -0.61
2016 1.56
2017 1.31
2018 -0.20
2019 -0.67
2020 2.91

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments