Net foreign assets in Latvia
Latvia: Net foreign assets was 9.50 billion current LCU in 2024. ◆ Volatile
Net foreign assets in Latvia, 2010–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Latvia is 9.50 billion current LCU, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 31.5% on the previous year and up 334.2% over ten years.
Over the whole period, net foreign assets in Latvia peaked at 9.50 billion current LCU in 2024 and was at its lowest, -1.92 billion current LCU, in 2010.
That places Latvia 143rd out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.70 billion current LCU | -1.92 billion current LCU | 5.99 billion current LCU | 10 |
| 2020s | 7.90 billion current LCU | 6.99 billion current LCU | 9.50 billion current LCU | 5 |
Countries ranked near Latvia
More financial sector data for Latvia
- Domestic credit to private sector 29.3% (2024)
- Claims on central government, etc. 3.5% (2024)
- Monetary Sector credit to private sector 29.3% (2024)
- Net domestic credit 16.04 billion current LCU (2024)
- Total reserves in months of imports 2.02 (2025)
- Net migration -7,330 (2025)
- Domestic credit to private sector by banks 29.3% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- GDP deflator: linked series 133.57 base year varies by country (2025)
- Inflation, GDP deflator: linked series 3.6% (2025)
Frequently asked questions
- What is net foreign assets in Latvia?
- Net foreign assets in Latvia was 9.50 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Latvia?
- The highest recorded value was 9.50 billion current LCU in 2024.
- What is the lowest net foreign assets recorded in Latvia?
- The lowest recorded value was -1.92 billion current LCU in 2010.
- How does Latvia rank for net foreign assets?
- Latvia ranks 143rd out of 186 countries with data for 2024.
- Is net foreign assets rising or falling in Latvia?
- Over the last ten years it is up 334.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.