Latvia — Trade & Value-Transfer Profile

• Exports of goods and services (USD): $28.54B
• Imports of goods and services (USD): $29.24B
• Trade balance (exports − imports, USD): $-0.70B
• Trade (% GDP): 132.26%
• Current account balance (USD): $-0.69B
• Current account (% GDP): -1.57%
• FDI, net: $-1.26B
• Primary income balance, net (USD): $-0.91B
• Secondary income balance, net (USD): $0.92B
• Financial account, net (USD): $0.82B
• Portfolio investment, net (USD): $-1.84B

ITV Indicators

• Composite value transfer (% GDP): 8.21% GDP (mean)
• Unequal exchange, Köhler (% GDP): 22.44% GDP (mean)
• Income drain (% GDP): 0.55% GDP (mean)

Value-transfer indicators over time