Latvia Economic and Defence Update
-10
-8
2
8
57%
6
4
External sector indicators
(% of GDP)
WHILE CURRENT ACCOUNT DEFICIT TEMPORARILY INCREASED, LATVIA'S
EXTERNAL POSITION REMAINS SOUND
Current account deficit driven by high energy prices and an increase in inventories; net external debt remains low
0
。
-2
-4
-6
NH
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Current account
Net external debt (RSA)
Source: Latvijas Banka
23
Import of airplanes
Net minerals
Current account without minerals and airplanes
10
60.0
9
50.0
8
40.0
7
6
30.0
20.0
10%
%0.0
3
2
0.0
1
0
+
ST
2010
2011
2012
2013
Source: Latvijas Banka
2014
2015
2016
2017
Investment inflows
(% of GDP)
2018
■Foreign direct investment in Latvia ■Capital account inflows
2019
2020
2021
2022View entire presentation