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2025.09.1209:28:51UTC+00Latvia Current Account Gap Narrows in July

In July 2025, Latvia saw a reduction in its current account deficit, which fell to EUR 152 million from EUR 251 million in July of the previous year. This improvement was largely due to a turnaround in primary income, which moved into a surplus of EUR 49 million compared to a deficit of EUR 108 million in the same month last year. Meanwhile, the surplus in secondary income expanded to EUR 76 million from EUR 60 million. However, the gap in goods widened to EUR 474 million from EUR 426 million, and the services surplus diminished to EUR 196 million from EUR 223 million.

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