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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
LatviaLatvia Current Account climbed to -155M in July 2026
FMPMonthlyReleased September 2026
Latvia Current Account climbed to -155M in July 2026, released September 2026, up 190M from June's -345M reading. The print exceeded the -372M consensus by 217M. The print is running well below the 12-month average of -66.88M. Over the past 3 months, Current Account averaged -218.5M, vs -41.7M in the prior 3-month window. The reading is in the 17th percentile of the trailing 24-month range.
Latest Release
-155
Actual
-372
Consensus
-345
Previous
Median Absolute Error
±187.63 million
across last 12 releases
Last Call
Sep 2026
Predicted: -409.25
Actual: -155
Error: -254.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.40 | INDEX | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Latvia) was reported at -155.00 million in September 2026. This beat the market consensus of -372.00 million by 217.00 million. The reading rose from the previous value of -345.00 million. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged -79.50 million, ranging from -334.00 million to 114.00 million across 13 releases.
WHY IT MATTERS
The trailing three releases averaged -197.33 million, down from the prior three at -99.83 million. Volatility over the past year (σ 118.50 million) is comparable than the prior year (σ 111.80 million). In September readings over the past 3 years, Current Account has averaged -107.63 million.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with USD/JPY, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 187.63 million.
WHAT TO WATCH NEXT
The next release is scheduled for October 14, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Current Account - LV
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About Current Account — Latvia
DEFINITION
The Current Account is a financial indicator that measures a country's trade balance, including the value of goods and services exported and imported, as well as income received and payments made to other countries. It provides insight into a nation's economic health and its ability to pay for imports and service its debt. A positive current account balance indicates a surplus, while a negative balance indicates a deficit. This indicator is closely monitored by investors, policymakers, and economists as it can impact a country's currency value and overall economic stability.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual -155 M, consensus -372 M. Prior reading (Jun 2026): -334 M. Before that (May 2026): -103 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - LV Events
| Monday, September 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | LV | Producer Price Index YoY | 3.5 | 3 | 3.15 | Low | |
| 10:00 | LV | Producer Price Index MoM | 0.1 | 0.7 | 0.95 | Low | |