Financial account balance (assets less liabilities), Net (net) in Latvia
Latvia: Financial account balance (assets less liabilities), Net (net) was 822.40 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Latvia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for financial account balance (assets less liabilities), net (net) in Latvia is 822.40 million, measured in 2024.
The figure is up 1,091.1% on the previous year and down 36.2% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Latvia peaked at 2.84 billion in 2009 and was at its lowest, -6.07 billion, in 2007.
Latvia ranks 56th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.07 billion | — |
| 2006 | -4.14 billion | +99.9% |
| 2007 | -6.07 billion | +46.6% |
| 2008 | -5.36 billion | -11.7% |
| 2009 | 2.84 billion | -153.0% |
| 2010 | 889.79 million | -68.7% |
| 2011 | -136.22 million | -115.3% |
| 2012 | 1.84 billion | -1450.1% |
| 2013 | 305.27 million | -83.4% |
| 2014 | 1.29 billion | +322.0% |
| 2015 | 730.25 million | -43.3% |
| 2016 | 963.90 million | +32.0% |
| 2017 | 651.84 million | -32.4% |
| 2018 | 752.28 million | +15.4% |
| 2019 | 475.87 million | -36.7% |
| 2020 | 2.12 billion | +345.9% |
| 2021 | -298.03 million | -114.0% |
| 2022 | -642.60 million | +115.6% |
| 2023 | 69.05 million | -110.7% |
| 2024 | 822.40 million | +1091.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.96 billion | -6.07 billion | 2.84 billion | 5 |
| 2010s | 776.03 million | -136.22 million | 1.84 billion | 10 |
| 2020s | 414.52 million | -642.60 million | 2.12 billion | 5 |
Countries ranked near Latvia
- 53 Bermuda 950.06 million compare
- 54 Trinidad and Tobago 832.24 million compare
- 55 Syrian Arab Republic 824.36 million compare
- 57 South Sudan 769.25 million compare
- 58 Iraq 691.68 million compare
- 59 Andorra 687.68 million compare
More external debt data for Latvia
- Net financial flows, IBRD -88.67 million NFL, current US$ (2016)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -30.82 % change on previous year (2016)
- Other investment, Debt instruments 23.03 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 19.82 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 5.35 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 12,462 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.4736 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 2.35 billion (2024)
- Net lending (+) / net borrowing (-), General government, Percent of -4.32 (2030)
- Other investment, Debt instruments, Deposit taking corporations 32.86 % change on previous year (2025)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Latvia?
- Financial account balance (assets less liabilities), net (net) in Latvia was 822.40 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Latvia?
- The highest recorded value was 2.84 billion in 2009.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Latvia?
- The lowest recorded value was -6.07 billion in 2007.
- How does Latvia rank for financial account balance (assets less liabilities), net (net)?
- Latvia ranks 56th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Latvia?
- Over the last ten years it is down 36.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.