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 $579,140,300 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $750,444,900 in 2004 and $72,654,020 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
1995 $72,654,020
1996 $93,652,380
1997 $77,417,130
1998 $124,039,100
1999 $92,823,690
2000 $195,067,200
2001 $144,473,900
2002 $261,990,700
2003 $528,853,800
2004 $750,444,900
2005 $623,349,100
2006 $539,098,300
2007 $469,586,900
2008 $650,410,800
2009 $739,951,400
2010 $686,330,000
2011 $747,363,700
2012 $680,509,200
2013 $629,035,700
2014 $376,090,600
2015 $437,773,900
2016 $395,769,900
2017 $655,237,700
2018 $728,856,800
2019 $526,927,700
2020 $579,140,300

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Latvia was 507,041,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 617,176,000 in 2018 and a minimum value of 50,945,000 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 local currency.

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

Year Value
1995 50,945,000
1996 73,386,000
1997 63,993,000
1998 104,106,000
1999 77,285,000
2000 168,343,000
2001 129,073,000
2002 230,447,000
2003 430,011,000
2004 576,867,000
2005 500,861,000
2006 429,877,000
2007 343,315,000
2008 444,946,000
2009 532,321,000
2010 518,210,000
2011 537,620,000
2012 529,636,000
2013 473,764,000
2014 283,094,000
2015 394,564,000
2016 357,547,000
2017 580,020,000
2018 617,176,000
2019 470,692,000
2020 507,041,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts