🇱🇻 Latvia Current account balance

Latvia Current account balance was -687,874,801 in 2024, up 58.6% from 2023, according to World Bank data. The 10-year average is -427,176,981. Historical data available from 1992 to 2024 (33 data points). The all-time high was $2.06B in 2009.

Source: World Bank World Development Indicators • 1992202433 data pointsEconomy & Growth

Latest Value
-687,874,801
2024
Year-on-Year
+58.6%
vs 2023
10-Year Average
-427,176,981
20152024
Range
High: $2.06B (2009)
Low: -6,426,791,354 (2007)

Latvia Current account balance (BoP, current US$)1992 to 2024

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About this Indicator

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024-687,874,801
2023-1,662,890,537
2022-2,082,282,375
2021-1,579,429,701
2020$1.03B
2019-57,481,570
2018-127,710,041
2017$450.51M
2016$476.33M
2015-33,288,549

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