Latvia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Latvia was 1.17 as of 2020. Its highest value over the past 25 years was 1.17 in 2020, while its lowest value was -20.64 in 2006.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | -4.74 |
| 1996 | -9.01 |
| 1997 | -9.04 |
| 1998 | -12.08 |
| 1999 | -9.81 |
| 2000 | -7.97 |
| 2001 | -10.37 |
| 2002 | -10.13 |
| 2003 | -12.52 |
| 2004 | -15.31 |
| 2005 | -14.30 |
| 2006 | -20.64 |
| 2007 | -19.05 |
| 2008 | -12.66 |
| 2009 | -1.98 |
| 2010 | -2.09 |
| 2011 | -5.93 |
| 2012 | -5.34 |
| 2013 | -4.37 |
| 2014 | -2.94 |
| 2015 | -1.72 |
| 2016 | 0.32 |
| 2017 | -0.65 |
| 2018 | -0.70 |
| 2019 | -0.71 |
| 2020 | 1.17 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
