Latvia - Balance of payments
The US Central Intelligence Agency (CIA) reports that in 2002 the purchasing power parity of Latvia's exports was $2.3 billion while imports totaled $3.9 billion resulting in a trade deficit of $1.6 billion.
The International Monetary Fund (IMF) reports that in 2001 Latvia had exports of goods totaling $2.22 billion and imports of goods totaling $3.57 billion. The services credit totaled $1.19 billion and debit $692 million. The following table summarizes Latvia's balance of payments as reported by the IMF for 2001 in millions of US dollars.
|Balance on goods||-1,351|
|Balance on services||495|
|Balance on income||43|
|Direct investment abroad||-7|
|Direct investment in Latvia||177|
|Portfolio investment assets||-57|
|Portfolio investment liabilities||189|
|Other investment assets||-66|
|Other investment liabilities||719|
|Net Errors and Omissions||49|
|Reserves and Related Items||-314|