Net errors and omissions, Net (credits less debits), Adjusted using in Latvia
Latvia: Net errors and omissions, Net (credits less debits), Adjusted using was 960.28 million in 2024. β Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Latvia, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Latvia stood at 960.28 million.
The figure is up 4.4% on the previous year and up 14.8% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Latvia peaked at 2.06 billion in 2012 and was at its lowest, -1.39 billion, in 2008.
That places Latvia 33rd out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -322.51 million | -1.39 billion | 158.77 million | 5 |
| 2010s | 384.84 million | -103.78 million | 2.06 billion | 10 |
| 2020s | 858.36 million | 498.73 million | 1.17 billion | 5 |
Countries ranked near Latvia
- 30 Syrian Arab Republic 1.14 billion compare
- 31 Iceland 1.09 billion compare
- 32 South Africa 1.04 billion compare
- 34 Belarus, Republic of 945.36 million compare
- 35 Kenya 893.95 million compare
- 36 Croatia 817.01 million compare
More financial sector data for Latvia
- Domestic credit to private sector by banks 29.3% (2024)
- Total reserves in months of imports 2.02 (2025)
- Net domestic credit 16.04 billion current LCU (2024)
- Net foreign assets 9.50 billion current LCU (2024)
- Monetary Sector credit to private sector 29.3% (2024)
- Claims on central government, etc. 3.5% (2024)
- Domestic credit to private sector 29.3% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -7,330 (2025)
- Net migration, annual growth rate -229.44 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Latvia?
- Net errors and omissions, net (credits less debits), adjusted using in Latvia was 960.28 million in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Latvia?
- The highest recorded value was 2.06 billion in 2012.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Latvia?
- The lowest recorded value was -1.39 billion in 2008.
- How does Latvia rank for net errors and omissions, net (credits less debits), adjusted using?
- Latvia ranks 33rd out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Latvia?
- Over the last ten years it is up 14.8%. 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 Net errors and omissions, Net (credits less debits), 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.