Latvia vs Rwanda: Current account balance

Latvia
-1.64 billion BoP, current US$
in 2025
Rwanda
-1.81 billion BoP, current US$
in 2024
Latvia rank
141st
Rwanda rank
144th

Current account balance over time

  • Latvia
  • Rwanda
-6.0B-4.0B-2.0B02.0B199220082025

How they compare

Latvia currently reports -1.64 billion BoP, current US$ against -1.81 billion BoP, current US$ in Rwanda, a difference of 165.60 million BoP, current US$.

The two have swapped places 4 times across 15 shared years of data; in 2010 it was Latvia ahead.

Latvia ranks 141st and Rwanda ranks 144th of 198 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Rwanda Difference Ahead
2010s -217.96 million BoP, current US$ -863.24 million BoP, current US$ 645.28 million BoP, current US$ Latvia
2020s -996.03 million BoP, current US$ -1.43 billion BoP, current US$ 431.73 million BoP, current US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance, Latvia or Rwanda?
Latvia, at -1.64 billion BoP, current US$ against -1.81 billion BoP, current US$ in Rwanda as of 2025.
What is the difference in current account balance between Latvia and Rwanda?
165.60 million BoP, current US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Rwanda?
15 years are reported by both, from 2010 to 2024.
How do Latvia and Rwanda rank globally for current account balance?
Latvia ranks 141st and Rwanda ranks 144th of 198 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.