Predetermined short-term net drains on foreign currency assets in Latvia
Latvia: Predetermined short-term net drains on foreign currency assets was -4.40 billion in 2025. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Latvia, 2000–2025
Source: International Monetary Fund.
Analysis
In 2025, predetermined short-term net drains on foreign currency assets in Latvia stood at -4.40 billion.
That represents a change of down 13.7% on the previous year and down 14.1% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Latvia peaked at -61.70 million in 2005 and was at its lowest, -4.83 billion, in 2019.
Latvia ranks 57th of 91 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -292.10 million | -903.21 million | -61.70 million | 10 |
| 2010s | -2.93 billion | -4.83 billion | -281.94 million | 10 |
| 2020s | -4.01 billion | -4.77 billion | -3.38 billion | 6 |
Countries ranked near Latvia
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 predetermined short-term net drains on foreign currency assets in Latvia?
- Predetermined short-term net drains on foreign currency assets in Latvia was -4.40 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 -61.70 million in 2005.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Latvia?
- The lowest recorded value was -4.83 billion in 2019.
- How does Latvia rank for predetermined short-term net drains on foreign currency assets?
- Latvia ranks 57th out of 91 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 down 14.1%. 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) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). 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.