Predetermined short-term net drains on foreign currency assets in Latvia
Latvia: Predetermined short-term net drains on foreign currency assets was 707.35 million in 2025. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Latvia, 2000–2025
Source: International Monetary Fund.
Analysis
Latvia recorded 707.35 million for predetermined short-term net drains on foreign currency assets in 2025.
That represents a change of up 65.7% on the previous year and up 17.9% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Latvia peaked at 878.07 million in 2016 and was at its lowest, 0, in 2000.
That places Latvia 11th out of 53 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Predetermined short-term net drains on foreign currency assets in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0 | — |
| 2001 | 0 | — |
| 2002 | 33.96 million | — |
| 2003 | 5.60 million | -83.5% |
| 2004 | 0 | -100.0% |
| 2005 | 0 | — |
| 2007 | 0 | — |
| 2008 | 40.36 million | — |
| 2009 | 0 | -100.0% |
| 2010 | 0 | — |
| 2011 | 0 | — |
| 2012 | 0 | — |
| 2013 | 0 | — |
| 2014 | 346.02 million | — |
| 2015 | 599.87 million | +73.4% |
| 2016 | 878.07 million | +46.4% |
| 2017 | 484.52 million | -44.8% |
| 2018 | 608.00 million | +25.5% |
| 2019 | 26.96 million | -95.6% |
| 2020 | 3.68 million | -86.3% |
| 2021 | 479.09 million | +12914.2% |
| 2022 | 58.66 million | -87.8% |
| 2023 | 590.07 million | +905.9% |
| 2024 | 426.99 million | -27.6% |
| 2025 | 707.35 million | +65.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.88 million | 0 | 40.36 million | 9 |
| 2010s | 294.34 million | 0 | 878.07 million | 10 |
| 2020s | 377.64 million | 3.68 million | 707.35 million | 6 |
Countries ranked near Latvia
More financial sector data for Latvia
- Net domestic credit (current LCU), per capita 8,595 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.3645 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -4.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.49 million SDR (2025)
- Gold reserves at market value 682.52 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.27 billion SDR (2025)
- Reserves excluding gold 3.77 billion SDR (2025)
- Total reserves (gold at market value) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) 4.45 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,406 SDR per person (2025)
Frequently asked questions
- What is predetermined short-term net drains on foreign currency assets in Latvia?
- Predetermined short-term net drains on foreign currency assets in Latvia was 707.35 million in 2025, according to International Monetary Fund.
- What is the highest predetermined short-term net drains on foreign currency assets recorded in Latvia?
- The highest recorded value was 878.07 million in 2016.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Latvia?
- The lowest recorded value was 0 in 2000.
- How does Latvia rank for predetermined short-term net drains on foreign currency assets?
- Latvia ranks 11th out of 53 countries with data for 2025.
- Is predetermined short-term net drains on foreign currency assets rising or falling in Latvia?
- Over the last ten years it is up 17.9%. 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 Predetermined short-term net drains on foreign currency assets (nominal value), Forwards and futures in foreign currencies vis-s-vis the domestic currency (including the forward leg of currency swaps), Up to 1 month, Inflows, Long positions (International Reserves and Foreign Currency Liquidity: Gui. Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.