Predetermined short-term net drains on foreign currency assets in Latvia
Latvia: Predetermined short-term net drains on foreign currency assets was -3.34 billion in 2025. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Latvia, 2000–2025
Source: International Monetary Fund.
Analysis
The most recent figure for predetermined short-term net drains on foreign currency assets in Latvia is -3.34 billion, measured in 2025.
That represents a change of down 29.1% on the previous year and up 6.1% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Latvia peaked at 0 in 2005 and was at its lowest, -3.55 billion, in 2015.
Latvia ranks 54th of 59 countries on this measure, in the bottom 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 | -44.91 million | — |
| 2001 | -17.63 million | -60.7% |
| 2002 | -189.69 million | +976.0% |
| 2003 | -75.60 million | -60.1% |
| 2004 | -12.12 million | -84.0% |
| 2005 | 0 | -100.0% |
| 2007 | -20.61 million | — |
| 2008 | -79.33 million | +284.9% |
| 2009 | 0 | -100.0% |
| 2010 | 0 | — |
| 2011 | 0 | — |
| 2012 | 0 | — |
| 2013 | 0 | — |
| 2014 | -3.53 billion | — |
| 2015 | -3.55 billion | +0.6% |
| 2016 | -2.88 billion | -18.9% |
| 2017 | -1.53 billion | -46.9% |
| 2018 | -3.24 billion | +111.8% |
| 2019 | -1.84 billion | -43.3% |
| 2020 | -1.86 billion | +1.2% |
| 2021 | -1.63 billion | -12.6% |
| 2022 | -2.72 billion | +67.3% |
| 2023 | -2.33 billion | -14.5% |
| 2024 | -2.58 billion | +11.1% |
| 2025 | -3.34 billion | +29.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -48.88 million | -189.69 million | 0 | 9 |
| 2010s | -1.66 billion | -3.55 billion | 0 | 10 |
| 2020s | -2.41 billion | -3.34 billion | -1.63 billion | 6 |
Countries ranked near Latvia
More financial sector data for Latvia
- Total reserves in months of imports, annual growth rate 9.15 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 7.71 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0673 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,770 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 7.33 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,041 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 12.98 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,410 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 -3.34 billion 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 0 in 2005.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Latvia?
- The lowest recorded value was -3.55 billion in 2015.
- How does Latvia rank for predetermined short-term net drains on foreign currency assets?
- Latvia ranks 54th out of 59 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 6.1%. 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, Short positions (International Reserves and Foreign Currency Liquidity: Guidelines . 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.