Latvia's net financial account (BoP, current US$) was −US$305.3 million in 2025, the latest year in the World Bank's World Development Indicators. That is down 141.81% from US$730.26 million in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$305.3 million | 2025 |
| Five years earlier | US$2.12 billion | 2020 |
| Ten years earlier | US$730.26 million | 2015 |
| Highest | US$3.12 billion | 2009 |
| Lowest | −US$6.07 billion | 2007 |
| Average since 2016 | US$488.56 million | 2016–2025 |
| First recorded | US$146.58 million |
What the numbers say
In 2025, Latvia's net financial account (BoP, current US$) fell US$1.16 billion on 2024 (from US$852.81 million to −US$305.3 million).
Across the 30 yearly changes before that (1995 to 2024), the average change was +US$38.65 million and a typical year strayed about US$1.73 billion from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$7.67 billion in 2009 and the biggest yearly fall was US$2.44 billion in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 19% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Latvia had the 71st highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Latvia in the 2025 ranking
- St. Lucia — 68th of 136: −US$198.32 million
- Antigua and Barbuda — 69th of 136: −US$241.92 million
- Grenada — 70th of 136: −US$248.95 million
- Cambodia — 72nd of 136: −US$311.96 million
- Bolivia — 73rd of 136: −US$316.33 million
- Costa Rica — 74th of 136: −US$326.63 million
What this measures
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 34 values
| Year | Net financial account (BoP, current US$) |
|---|---|
| 2025 | -305,299,814 |
| 2024 | 852,807,828 |
| 2023 | 186,219,080 |
| 2022 | -564,267,914 |
| 2021 | -313,398,197 |
| 2020 | 2,123,013,176 |
| 2019 | 503,820,957 |
| 2018 | 783,840,663 |
| 2017 | 653,863,511 |
| 2016 | 964,982,608 |
| 2015 |
Net financial account (BoP, current US$) in nearby economies
- Albania — −US$31.04 million (2025)
- Armenia — −US$1.69 billion (2025)
- Austria — US$17.78 billion (2025)
- Azerbaijan — US$3.52 billion (2025)
- Belarus — −US$692.43 million (2025)
- Belgium — −US$7.66 billion (2025)
- Bosnia and Herzegovina — −US$1.19 billion (2025)
- Bulgaria — −US$8.42 billion (2025)
- Croatia — −US$2.66 billion (2025)
- Cyprus — −US$2.59 billion (2025)
More economic policy & debt data for Latvia
- Adjusted savings, education expenditure (% of GNI) — 3.81% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Net financial flows, IBRD (NFL, current US$) — −US$88.67 million (2016)
- GDP (current LCU) — 43.03 billion (2025)
- GDP, linked series (current LCU) — 43.03 billion (2025)
- GDP (constant 2015 US$) — US$31.21 billion (2025)
- GDP (constant LCU) — 32.21 billion (2025)
- GDP, PPP (current international $) — 85.25 billion (2025)
- GDP, PPP (constant 2021 international $) — 71.7 billion (2025)
- GDP per capita (current LCU) — 23,285 (2025)
Reading data like this
Questions people ask
- What is Latvia's net financial account (BoP, current US$)?
- −US$305.3 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1992?
- It is down 308.28% from US$146.58 million in 1992. The highest value was US$3.12 billion in 2009 and the lowest −US$6.07 billion in 2007.
- How does Latvia rank?
- 71st highest of 136 economies with data for 2025.
- Is the latest change in net financial account (BoP, current US$) unusual for Latvia?
- In 2025, Latvia's net financial account (BoP, current US$) fell US$1.16 billion on 2024 (from US$852.81 million to −US$305.3 million). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$38.65 million and a typical year strayed about US$1.73 billion from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BN.FIN.TOTL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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