Latvia Foreign Exchange Reserves: % of GDP

Key information about Latvia Foreign Exchange Reserves: % of GDP

• Latvia Foreign Exchange Reserves: % of GDP was reported at 9.472 % in Sep 2024
• This records an increase from the previous number of 9.361 % for Jun 2024
• Latvia Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 12.558 % from Mar 1997 to Sep 2024, with 111 observations
• The data reached an all-time high of 31.145 % in Sep 2010 and a record low of 8.957 % in Mar 2023
• Latvia Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The Bank of Latvia provides Foreign Exchange Reserves in EUR. The Central Statistical Bureau of Latvia provides Nominal GDP in EUR. Latvia joined the Euro Area on January 1st, 2014 with fixed conversion rate of 1 EUR = 0.702804 LVL. This explains the drop in foreign currency and total reserve assets. Foreign Exchange Reserves prior to Q1 2007 is in USD.

View Latvia's Foreign Exchange Reserves: % of GDP from Mar 1997 to Sep 2024 in the chart:

What was Latvia's Foreign Exchange Reserves: % of GDP in Sep 2024?

Latvia Foreign Exchange Reserves: % of GDP was reported at 9.472 % in Sep 2024 See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
9.472 Sep 2024	9.361 Jun 2024	8.957 Mar 2023	31.145 Sep 2010	%	quarterly	Mar 1997 - Sep 2024

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