Total current account credit/revenue, Credit/Revenue in Latvia
Latvia: Total current account credit/revenue, Credit/Revenue was 33.84 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Latvia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account credit/revenue, credit/revenue in Latvia stood at 33.84 billion. That is the highest value across all 20 years on record.
That represents a change of up 1.9% on the previous year and up 53.4% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Latvia peaked at 33.84 billion in 2024 and was at its lowest, 9.34 billion, in 2005.
That places Latvia 84th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 9.34 billion | — |
| 2006 | 11.40 billion | +22.2% |
| 2007 | 15.43 billion | +35.3% |
| 2008 | 18.17 billion | +17.8% |
| 2009 | 14.54 billion | -19.9% |
| 2010 | 15.40 billion | +5.9% |
| 2011 | 19.48 billion | +26.5% |
| 2012 | 20.26 billion | +4.0% |
| 2013 | 21.30 billion | +5.1% |
| 2014 | 22.06 billion | +3.6% |
| 2015 | 19.02 billion | -13.8% |
| 2016 | 19.37 billion | +1.8% |
| 2017 | 21.87 billion | +12.9% |
| 2018 | 24.26 billion | +10.9% |
| 2019 | 23.53 billion | -3.0% |
| 2020 | 23.71 billion | +0.8% |
| 2021 | 28.59 billion | +20.6% |
| 2022 | 32.92 billion | +15.2% |
| 2023 | 33.21 billion | +0.9% |
| 2024 | 33.84 billion | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.78 billion | 9.34 billion | 18.17 billion | 5 |
| 2010s | 20.65 billion | 15.40 billion | 24.26 billion | 10 |
| 2020s | 30.45 billion | 23.71 billion | 33.84 billion | 5 |
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 total current account credit/revenue, credit/revenue in Latvia?
- Total current account credit/revenue, credit/revenue in Latvia was 33.84 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Latvia?
- The highest recorded value was 33.84 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Latvia?
- The lowest recorded value was 9.34 billion in 2005.
- How does Latvia rank for total current account credit/revenue, credit/revenue?
- Latvia ranks 84th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Latvia?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (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.