Current account balance in US dollars — all countries

Current account balance in US dollars — Latvia

Current account balance in US dollars in Latvia in 2031 — -2.48 bn US$. Ranked 135 in the world out of 187. Since 1992, the indicator has fallen by 1,395.8%.

2031 -2.48 bn US$ −3.3% vs 2030
World rank 135of 187
Period maximum 2.03 bn US$2009
Period minimum -6.43 bn US$2007

Trend over time

1992–2031 · billion US$

Current account balance in US dollars — Latvia, 1992–2031-7.5-5-2.502.5199219962000200420082012201620202024202820311992: 0.19 bn US$1993: 0.42 bn US$1994: 0.2 bn US$1995: -0.02 bn US$1996: -0.28 bn US$1997: -0.35 bn US$1998: -0.65 bn US$1999: -0.54 bn US$2000: -0.37 bn US$2001: -0.63 bn US$2002: -0.62 bn US$2003: -0.92 bn US$2004: -1.77 bn US$2005: -2.01 bn US$2006: -4.48 bn US$2007: -6.43 bn US$2008: -4.42 bn US$2009: 2.03 bn US$2010: 0.41 bn US$2011: -0.95 bn US$2012: -1.05 bn US$2013: -0.84 bn US$2014: -0.44 bn US$2015: -0.03 bn US$2016: 0.48 bn US$2017: 0.43 bn US$2018: -0.13 bn US$2019: -0.06 bn US$2020: 1.01 bn US$2021: -1.55 bn US$2022: -2.08 bn US$2023: -1.63 bn US$2024: -0.68 bn US$2025: -1.64 bn US$2026: -1.95 bn US$2027: -2.02 bn US$2028: -2.28 bn US$2029: -2.39 bn US$2030: -2.4 bn US$2031: -2.48 bn US$
Change over the period: −2.67 (−1,395.81%)

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia -2.48 bn US$
World computed 458.47 bn US$
Europe & Central Asia computed 638.05 bn US$
Northern Europe computed 138.41 bn US$
High-income countries computed 140.01 bn US$
Current account balance in US dollars — Latvia, by year Latvia All countries CSV XLSX
Year bn US$ Change Change, %
2031 -2.48 −0.08 −3.3%
2030 -2.4 −0.01 −0.34%
2029 -2.39 −0.11 −4.6%
2028 -2.28 −0.26 −12.8%
2027 -2.02 −0.08 −3.95%
2026 -1.95 −0.31 −18.79%
2025 -1.64 −0.96 −140.32%
2024 -0.68 +0.95 +58.26%
2023 -1.63 +0.45 +21.44%
2022 -2.08 −0.53 −33.85%
2021 -1.55 −2.57 −253.41%
2020 1.01 +1.07 +1,877.19%
2019 -0.06 +0.07 +56.49%
2018 -0.13 −0.56 −130.25%
2017 0.43 −0.05 −10.17%
2016 0.48 +0.51 +1,821.43%
2015 -0.03 +0.42 +93.69%
2014 -0.44 +0.4 +47.33%
2013 -0.84 +0.21 +19.79%
2012 -1.05 −0.11 −11.22%
2011 -0.95 −1.35 −332.19%
2010 0.41 −1.62 −79.93%
2009 2.03 +6.44 +145.92%
2008 -4.42 +2.01 +31.28%
2007 -6.43 −1.94 −43.31%
2006 -4.48 −2.48 −123.42%
2005 -2.01 −0.24 −13.58%
2004 -1.77 −0.85 −93.11%
2003 -0.92 −0.3 −47.82%
2002 -0.62 +0.01 +1.43%
2001 -0.63 −0.25 −67.91%
2000 -0.37 +0.17 +31.25%
1999 -0.54 +0.11 +16.31%
1998 -0.65 −0.31 −88.41%
1997 -0.35 −0.07 −23.21%
1996 -0.28 −0.26 −1,650%
1995 -0.02 −0.22 −107.96%
1994 0.2 −0.22 −51.8%
1993 0.42 +0.23 +118.32%
1992 0.19

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.