Total current account debit/expenditure, Debit/Expenditure in Latvia

Latvia: Total current account debit/expenditure, Debit/Expenditure was 34.53 billion in 2024. ▲ Rising

Latest (2024)
34.53 billion
Change on year
down 1.0%
World rank
81st
of 197 countries
All-time high
35.00 billion
in 2022
All-time low
11.32 billion
in 2005
Years of data
20
2005–2024

Total current account debit/expenditure, Debit/Expenditure in Latvia, 2005–2024

10.0B15.0B20.0B25.0B30.0B35.0B2005201420242005: 11.3B2006: 15.9B2007: 21.9B2008: 22.7B2009: 12.5B2010: 15.0B2011: 20.4B2012: 21.3B2013: 22.1B2014: 22.5B2015: 19.1B2016: 18.9B2017: 21.4B2018: 24.4B2019: 23.6B2020: 22.7B2021: 30.2B2022: 35.0B2023: 34.9B2024: 34.5B

Source: International Monetary Fund.

Analysis

In 2024, total current account debit/expenditure, debit/expenditure in Latvia stood at 34.53 billion.

Compared with earlier readings it is down 1.0% on the previous year and up 53.2% over ten years.

Over the whole period, total current account debit/expenditure, debit/expenditure in Latvia peaked at 35.00 billion in 2022 and was at its lowest, 11.32 billion, in 2005.

Latvia ranks 81st of 197 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.85 billion 11.32 billion 22.65 billion 5
2010s 20.87 billion 14.98 billion 24.39 billion 10
2020s 31.45 billion 22.68 billion 35.00 billion 5

Countries ranked near Latvia

  1. 78 Ecuador 38.88 billion compare
  2. 79 Estonia 37.58 billion compare
  3. 80 Cambodia 35.50 billion compare
  4. 82 Jordan 34.42 billion compare
  5. 83 Ghana 34.35 billion compare
  6. 84 Venezuela, República Bolivariana de 33.80 billion compare

See the full ranking of 206 places →

More trade data for Latvia

All data for Latvia →

Frequently asked questions

What is total current account debit/expenditure, debit/expenditure in Latvia?
Total current account debit/expenditure, debit/expenditure in Latvia was 34.53 billion in 2024, according to International Monetary Fund.
What is the highest total current account debit/expenditure, debit/expenditure recorded in Latvia?
The highest recorded value was 35.00 billion in 2022.
What is the lowest total current account debit/expenditure, debit/expenditure recorded in Latvia?
The lowest recorded value was 11.32 billion in 2005.
How does Latvia rank for total current account debit/expenditure, debit/expenditure?
Latvia ranks 81st out of 197 countries with data for 2024.
Is total current account debit/expenditure, debit/expenditure rising or falling in Latvia?
Over the last ten years it is up 53.2%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Total current account debit/expenditure, Debit/Expenditure in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/total-current-account-debit-expenditure-debit-expenditure-us-dollar/latvia/

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About this data

Indicator
Total current account debit/expenditure, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.