Italy vs Latvia: Economic Outlook 119 — Current account balance in USD

Italy
20.01 billion
in 2027
Latvia
-2.80 billion
in 2027
Italy rank
11th
Latvia rank
10th

Economic Outlook 119 — Current account balance in USD over time

  • Italy
  • Latvia
-50.0B050.0B197119992027

How they compare

Italy currently reports 20.01 billion against -2.80 billion in Latvia, a difference of 22.81 billion.

That makes Italy's figure about 7.1 times Latvia's.

The two have swapped places 5 times across 28 shared years of data; in 2000 it was Latvia ahead.

Italy ranks 11th and Latvia ranks 10th of 41 countries.

Across the 3 decades both report, Italy averaged higher in 2 and Latvia in 1.

Head to head by decade

Decade Italy Latvia Difference Ahead
2000s -20.92 billion -1.98 billion 18.94 billion Latvia
2010s 15.69 billion -216.86 million 15.91 billion Italy
2020s 19.99 billion -1.52 billion 21.51 billion Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook 119 — current account balance in usd, Italy or Latvia?
Italy, at 20.01 billion against -2.80 billion in Latvia as of 2027.
What is the difference in economic outlook 119 — current account balance in usd between Italy and Latvia?
22.81 billion, with Italy ahead.
How many years of comparable data are there for Italy and Latvia?
28 years are reported by both, from 2000 to 2027.
How do Italy and Latvia rank globally for economic outlook 119 — current account balance in usd?
Italy ranks 11th and Latvia ranks 10th of 41 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook 119 — Current account balance in USD. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Latvia: Economic Outlook 119 — Current account balance in USD. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/economic-outlook-119-current-account-balance-in-usd/italy/latvia-2/

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About this data

Indicator
Economic Outlook 119 — Current account balance in USD
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
58 places, 2,612 data points, 1960–2027
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP