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FX.co ★ Latvia Current Account Deficit Smallest in 6 Months

Latvia Current Account Deficit Smallest in 6 Months

Latvia posted a current account deficit of EUR 107 million in August 2026, down from EUR 118 million in the same month a year earlier and representing the smallest gap since February. The primary income balance strengthened notably, shifting to a surplus of EUR 25 million from a deficit of EUR 57 million in August 2025, while the secondary income surplus widened to EUR 77 million from EUR 31 million. By contrast, the goods account deficit expanded to EUR 410 million from EUR 298 million, and the services account surplus edged down slightly to EUR 201 million from EUR 207 million a year earlier.

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