Economic Outlook 119 — Current account balance in USD in Latvia
Latvia: Economic Outlook 119 — Current account balance in USD was -2.80 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in Latvia, 2000–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook 119 — current account balance in usd in Latvia stood at -2.80 billion.
That represents a change of down 1.0% on the previous year and down 728.4% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in Latvia peaked at 2.06 billion in 2009 and was at its lowest, -6.44 billion, in 2007.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -372.84 million | — |
| 2001 | -629.75 million | +68.9% |
| 2002 | -622.29 million | -1.2% |
| 2003 | -922.76 million | +48.3% |
| 2004 | -1.78 billion | +92.9% |
| 2005 | -2.01 billion | +13.1% |
| 2006 | -4.55 billion | +126.0% |
| 2007 | -6.44 billion | +41.4% |
| 2008 | -4.50 billion | -30.0% |
| 2009 | 2.06 billion | -145.7% |
| 2010 | 406.14 million | -80.3% |
| 2011 | -934.52 million | -330.1% |
| 2012 | -1.06 billion | +13.9% |
| 2013 | -846.37 million | -20.5% |
| 2014 | -452.78 million | -46.5% |
| 2015 | -32.89 million | -92.7% |
| 2016 | 483.64 million | -1570.7% |
| 2017 | 445.43 million | -7.9% |
| 2018 | -119.72 million | -126.9% |
| 2019 | -53.09 million | -55.7% |
| 2020 | 1.02 billion | -2013.3% |
| 2021 | -1.56 billion | -253.2% |
| 2022 | -2.07 billion | +33.3% |
| 2023 | -1.63 billion | -21.4% |
| 2024 | -683.58 million | -58.1% |
| 2025 | -1.66 billion | +142.1% |
| 2026 | -2.77 billion | +67.4% |
| 2027 | -2.80 billion | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.98 billion | -6.44 billion | 2.06 billion | 10 |
| 2010s | -216.86 million | -1.06 billion | 483.64 million | 10 |
| 2020s | -1.52 billion | -2.80 billion | 1.02 billion | 8 |
Countries ranked near Latvia
- 7 Slovenia 1.81 billion compare
- 7 Switzerland 52.85 billion compare
- 8 Lithuania 136.46 million compare
- 8 Spain 51.78 billion compare
- 9 Estonia -892.86 million compare
- 9 Sweden 36.90 billion compare
- 10 Peru 25.64 billion compare
- 11 Italy 20.01 billion compare
- 11 Poland -26.81 billion compare
- 12 Türkiye -65.36 billion compare
- 12 Israel 12.38 billion compare
- 13 Austria 5.96 billion compare
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- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
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- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in Latvia?
- Economic outlook 119 — current account balance in usd in Latvia was -2.80 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in Latvia?
- The highest recorded value was 2.06 billion in 2009.
- What is the lowest economic outlook 119 — current account balance in usd recorded in Latvia?
- The lowest recorded value was -6.44 billion in 2007.
- How does Latvia rank for economic outlook 119 — current account balance in usd?
- Latvia ranks 10th out of 13 countries with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in Latvia?
- Over the last ten years it is down 728.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
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About this data
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