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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
LatviaLatvia Current Account climbed to -84M in April 2026
FMPMonthlyReleased June 2026
Latvia Current Account climbed to -84M in April 2026, released June 2026, up 113M from March's -197M reading. The print exceeded the -300M consensus by 216M. The print is running well below the 12-month average of -32.21M. Over the past 3 months, Current Account averaged -31.13M, vs -30M in the prior 3-month window. The reading is in the 33rd percentile of the trailing 24-month range.
Latest Release
-84
Actual
-300
Consensus
-197
Previous
Median Absolute Error
±194 million
across last 12 releases
Last Call
Jun 2026
Predicted: -270.75
Actual: -84
Error: -186.75
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Current Account (Latvia) was reported at -84.00 million in June 2026. This beat the market consensus of -300.00 million by 216.00 million. The reading rose from the previous value of -197.00 million. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -71.43 million, ranging from -296.00 million to 114.00 million across 14 releases.
WHY IT MATTERS
The trailing three releases averaged -99.83 million, down from the prior three at 16.33 million. Volatility over the past year (σ 109.89 million) is higher than the prior year (σ 91.91 million). In June readings over the past 3 years, Current Account has averaged -31.72 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 194.00 million.
WHAT TO WATCH NEXT
The next release is scheduled for July 14, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 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 (Apr 2026): actual -84 M, consensus -300 M. Prior reading (Jan 2026): -1.5 M. Before that (Mar 2026): -214 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. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.59) — a useful reference for index-focused traders.