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