Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
LatviaLatvia Current Account climbed to -107M in August 2026
FMPMonthlyReleased October 2026
Latvia Current Account climbed to -107M in August 2026, released October 2026, up 48M from July's -155M reading. The print exceeded the -130M consensus by 23M. Current Account has now risen for 3 consecutive months. Over the past 3 months, Current Account averaged -244.5M, vs -100.63M in the prior 3-month window. The reading is in the 23rd percentile of the trailing 24-month range.
Latest Release
-107
Actual
-130
Consensus
-155
Previous
Median Absolute Error
±182.13 million
across last 12 releases
Last Call
Oct 2026
Predicted: -114.75
Actual: -107
Error: -7.75
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 | +0.33 | INDEX | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.29 | 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 -107.00 million in October 2026. This beat the market consensus of -130.00 million by 23.00 million. The reading rose from the previous value of -155.00 million. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged -95.12 million, ranging from -334.00 million to 114.00 million across 13 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged -198.67 million, down from the prior three at -62.83 million. Volatility over the past year (σ 107.18 million) is comparable than the prior year (σ 116.09 million). In October readings over the past 3 years, Current Account has averaged 0.33 million.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 182.13 million.
WHAT TO WATCH NEXT
The next release is scheduled for November 13, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
Current Account - LV
Loading chart data...
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 (Aug 2026): actual -107 M, consensus -130 M. Prior reading (Jul 2026): -155 M. Before that (Jun 2026): -334 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar 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.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - LV Events
| Wednesday, November 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | LV | Industrial Production MoM | 0.3 | 0.4 | 0.30 | Low | |
| 11:00 | LV | Industrial Production YoY | 0.3 | 0.8 | -1.70 | Low | |