Economic Outlook No 117 — Current account balance, residual item in Latvia
Latvia: Economic Outlook No 117 — Current account balance, residual item was 0 in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance, residual item in Latvia, 2000–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Latvia recorded 0 for economic outlook no 117 — current account balance, residual item in 2026.
The figure is up 100.0% over ten years.
Over the whole period, economic outlook no 117 — current account balance, residual item in Latvia peaked at 219.59 million in 2008 and was at its lowest, -42.03 million, in 2012.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance, residual item in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 64.18 million | — |
| 2001 | 56.51 million | -12.0% |
| 2002 | 50.33 million | -10.9% |
| 2003 | 54.22 million | +7.7% |
| 2004 | -3.98 million | -107.3% |
| 2005 | -22.83 million | +473.8% |
| 2006 | 30.51 million | -233.6% |
| 2007 | 156.10 million | +411.7% |
| 2008 | 219.59 million | +40.7% |
| 2009 | 156.03 million | -28.9% |
| 2010 | 23.68 million | -84.8% |
| 2011 | -19.87 million | -183.9% |
| 2012 | -42.03 million | +111.6% |
| 2013 | -37.43 million | -10.9% |
| 2014 | -520,000 | -98.6% |
| 2015 | 293,000 | -156.3% |
| 2016 | -940,000 | -420.8% |
| 2017 | 938,000 | -199.8% |
| 2018 | -792,000 | -184.4% |
| 2019 | -560,000 | -29.3% |
| 2020 | 1.55 million | -376.4% |
| 2021 | 1.71 million | +10.3% |
| 2022 | 671,000 | -60.7% |
| 2023 | -966,000 | -244.0% |
| 2024 | 483,989 | -150.1% |
| 2025 | 0 | -100.0% |
| 2026 | 0 | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 76.07 million | -22.83 million | 219.59 million | 10 |
| 2010s | -7.72 million | -42.03 million | 23.68 million | 10 |
| 2020s | 492,141 | -966,000 | 1.71 million | 7 |
Countries ranked near Latvia
- 1 Colombia 44.20 trillion compare
- 1 Poland 18.26 billion compare
- 2 Argentina 1.49 trillion compare
- 2 Croatia 0 compare
- 3 Costa Rica 415.79 billion compare
- 3 Lithuania 269.03 million compare
- 4 Estonia 0 compare
- 4 Luxembourg 11.90 billion compare
- 4 Netherlands 0 compare
- 4 Slovenia 0 compare
- 5 Spain 1.51 billion compare
- 6 Portugal 1.04 billion compare
- 7 Ireland 1.00 billion compare
- 7 Italy 1.00 billion compare
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Frequently asked questions
- What is economic outlook no 117 — current account balance, residual item in Latvia?
- Economic outlook no 117 — current account balance, residual item in Latvia was 0 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance, residual item recorded in Latvia?
- The highest recorded value was 219.59 million in 2008.
- What is the lowest economic outlook no 117 — current account balance, residual item recorded in Latvia?
- The lowest recorded value was -42.03 million in 2012.
- How does Latvia rank for economic outlook no 117 — current account balance, residual item?
- Latvia ranks 4th out of 8 countries with data for 2026.
- Is economic outlook no 117 — current account balance, residual item rising or falling in Latvia?
- Over the last ten years it is up 100.0%. 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 No 117 — Current account balance, residual item. 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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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