Latvia – Current Account Balance 2016

Current account balance as a share of GDP. Summarizes net trade in goods, services, income, and transfers with the rest of the world. · World Bank
1.76% +1.88% from 2015 G20 rank: 149th

Latvia's current account balance was 1.76% in 2016, increased +1.88% from -0.13% in 2015. This was the 149th highest in the G20.

G20 Ranking – 2016
RankCountryValueYoY
1st Mozambique -33.69% 8.2%
2nd Congo, Republic of -32.90% 11.7%
3rd Timor-Leste -32.50% -329.9%
4th Guinea -31.93% -175.3%
5th Bhutan -26.41% -5.4%
6th Maldives -23.41% -220.4%
7th São Tomé and Principe -21.04% 20.4%
8th Lebanon -20.48% -19.7%
9th Curaçao -19.35% -14.0%
10th Oman -16.61% -20.5%
11th Montenegro -16.24% -47.0%
12th Palau -16.00% -89.5%
13th Rwanda -15.31% -20.7%
14th Afghanistan -14.95% 31.8%
15th Algeria -14.50% -0.5%
16th Cayman Islands -14.39%
17th West Bank and Gaza -13.91% -0.2%
18th St. Vincent and the Grenadines -13.08% 16.0%
19th Malawi -12.71% -10.1%
20th Burundi -12.52% 2.0%
21st Georgia -12.24% -5.5%
22nd St. Kitts and Nevis -12.08% -49.0%
23rd Kyrgyz Republic -11.63% 26.2%
24th Niger -11.36% 26.0%
25th Mauritania -11.05% 28.7%
26th Lesotho -10.50% -83.2%
27th Sudan -9.88% 6.4%
28th Jordan -9.66% -7.4%
29th Libya -9.43% 50.9%
30th Grenada -8.85% 16.6%
31st Vanuatu -8.76% 41.9%
32nd Lao PDR -8.70% 44.6%
33rd Tunisia -8.53% 0.5%
34th Nicaragua -8.48% 14.1%
35th Dominica -8.45% -28.7%
36th Tonga -8.25% 24.5%
37th Liberia -8.12% -253.2%
38th Marshall Islands -8.03% -109.9%
39th Barbados -7.97% -360.1%
40th Kosovo -7.93% 8.7%
41st Yemen, Republic of -7.72% -8.3%
42nd Panama -7.54% 13.2%
43rd Albania -7.51% 12.1%
44th New Caledonia -7.50% 41.5%
45th Belize -7.30% 8.4%
46th Togo -7.19% 10.2%
47th Cambodia -6.53% 1.3%
48th St. Lucia -6.34% -1,228.1%
49th Mongolia -6.26% 23.3%
50th Egypt, Arab Republic of -6.16% -17.8%
51st Burkina Faso -6.08% 19.7%
52nd Mali -6.07% -35.5%
53rd Bahamas, The -5.98% 41.1%
54th South Sudan -5.77% -38.3%
55th Bolivia, Plurinational State of -5.62% 4.2%
56th United Kingdom -5.46% -11.1%
57th Qatar -5.45% -164.1%
58th Kenya -5.40% 14.4%
59th Tajikistan -5.23% 9.3%
60th Angola -5.15% 48.6%
61st Gambia, The -5.13% -31.4%
62nd Kazakhstan -5.07% 6.3%
63rd Ghana -5.04% 11.7%
64th Suriname -4.84% 68.5%
65th Sierra Leone -4.83% 67.3%
66th Bosnia and Herzegovina -4.70% 6.7%
67th Samoa -4.55% -195.3%
68th Zambia -4.55% -26.0%
69th Colombia -4.45% 30.1%
70th Bahrain -4.41% -90.5%
71st Comoros -4.35% -1,595.6%
72nd Senegal -4.18% 21.4%
73rd Saudi Arabia -3.91% 50.7%
74th Congo, Democratic Republic of -3.90% -5.5%
75th Cyprus -3.87% -1,484.9%
76th Mauritius -3.85% -12.3%
77th Morocco -3.75% -91.4%
78th Moldova -3.61% 39.1%
79th Fiji -3.61% -3.9%
80th Australia -3.60% 16.1%
81st Azerbaijan -3.60% -758.9%
82nd Solomon Islands -3.54% -28.3%
83rd Cabo Verde -3.47% -19.9%
84th Zimbabwe -3.39% 57.6%
85th Belarus -3.38% -4.1%
86th Trinidad and Tobago -3.29% -142.9%
87th Honduras -3.14% 32.7%
88th Canada -3.09% 12.0%
89th Cameroon -3.07% 15.8%
90th Myanmar -3.03% 41.9%
91st Benin -3.00% 49.8%
92nd Serbia -2.82% 15.1%
93rd Uganda -2.73% 46.5%
94th Argentina -2.71% 8.6%
95th North Macedonia -2.66% -55.6%
96th South Africa -2.63% 38.9%
97th Chile -2.62% 4.2%
98th Seychelles -2.61% 85.4%
99th Türkiye -2.55% -3.2%
100th Tanzania -2.45% 55.7%
101st Antigua and Barbuda -2.39% -217.4%
102nd Peru -2.29% 51.3%
103rd Pakistan -2.29% -145.4%
104th El Salvador -2.27% 29.3%
105th Mexico -2.27% 12.5%
106th New Zealand -2.15% 17.7%
107th Costa Rica -2.14% 37.2%
108th United States -2.12% 5.5%
109th Romania -2.10% -229.9%
110th Ukraine -2.00% -136.1%
111th Finland -1.98% -117.2%
112th Sri Lanka -1.98% 10.5%
113th Sint Maarten (Dutch part) -1.86% -245.0%
114th Indonesia -1.82% 10.6%
115th Brazil -1.70% 51.7%
116th Haiti -1.69% 7.3%
117th Greece -1.69% -103.9%
118th Slovak Republic -1.42% 30.9%
119th Ireland -1.19% -119.3%
120th Dominican Republic -1.08% 40.2%
121st Poland -1.07% 19.4%
122nd Lithuania -1.01% 59.7%
123rd Djibouti -1.00% -103.4%
124th Armenia -0.96% 64.1%
125th Côte d'Ivoire -0.86% -94.7%
126th Nepal -0.68% -106.8%
127th Malta -0.55% -120.8%
128th France -0.54% -61.0%
129th India -0.53% 50.6%
130th Philippines -0.38% -115.9%
131st Jamaica -0.29% 89.9%
132nd Namibia -0.02% -19.9%
133rd Viet Nam 0.24% 128.5%
134th Uzbekistan 0.25% -76.2%
135th Bangladesh 0.35% -73.4%
136th Madagascar 0.38% 116.7%
137th Belgium 0.56% -59.6%
138th Kuwait 0.59% -92.2%
139th Uruguay 0.83% 423.5%
140th Ecuador 0.92% 140.3%
141st Guatemala 0.96% 177.5%
142nd Estonia 1.00% -31.9%
143rd Nigeria 1.25% 140.1%
144th Iraq 1.29% 178.1%
145th Guinea-Bissau 1.36% -25.0%
146th Portugal 1.43% 180.5%
147th China 1.67% -35.7%
148th Czechia 1.75% 290.9%
149th Latvia 1.76% 1,490.2%
150th Russian Federation 1.92% -61.4%
151st Sweden 2.01% -26.0%
152nd Nauru 2.13% 110.8%
153rd Malaysia 2.37% -21.3%
154th Italy 2.46% 99.6%
155th Croatia 2.46% -12.5%
156th Austria 2.57% 61.9%
157th Bulgaria 3.10% 16,761.8%
158th Spain 3.16% 55.0%
159th Israel 3.16% -30.9%
160th Guyana 3.37% 471.8%
161st Japan 3.94% 28.3%
162nd Hong Kong SAR, China 3.95% 19.2%
163rd Norway 3.98% -50.3%
164th Hungary 4.40% 107.8%
165th Paraguay 4.61% 2,299.0%
166th Aruba 4.73% 18.5%
167th Slovenia 5.29% 28.5%
168th Korea 6.20% -9.2%
169th Netherlands 7.15% 47.4%
170th Denmark 7.15% -10.9%
171st Switzerland 7.23% -21.4%
172nd Luxembourg 7.42% 31.9%
173rd French Polynesia 7.49% 37.1%
174th Botswana 7.97% 258.1%
175th Eswatini 7.99% -41.4%
176th Germany 8.90% 10.0%
177th Iceland 9.10% 44.3%
178th Kiribati 9.31% -68.3%
179th Thailand 10.51% 51.9%
180th Bermuda 12.26% -13.5%
181st Brunei Darussalam 12.89% -22.7%
182nd Papua New Guinea 13.63% 21.6%
183rd Singapore 18.01% -3.7%
184th Turks and Caicos Islands 20.55% 44.3%
185th Macao SAR, China 26.60% 13.7%
186th Tuvalu 29.64% 188.2%