Latvia vs South Africa: Current account balance
Current account balance over time
- Latvia
- South Africa
How they compare
Latvia currently reports -1.64 billion BoP, current US$ against -1.81 billion BoP, current US$ in South Africa, a difference of 164.02 million BoP, current US$.
The two have swapped places 5 times across 34 shared years of data; in 1992 it was South Africa ahead.
Latvia ranks 142nd and South Africa ranks 144th of 199 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and South Africa in 1.
Head to head by decade
| Decade | Latvia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -141.92 million BoP, current US$ | -557.53 million BoP, current US$ | 415.61 million BoP, current US$ | Latvia |
| 2000s | -1.92 billion BoP, current US$ | -6.74 billion BoP, current US$ | 4.82 billion BoP, current US$ | Latvia |
| 2010s | -217.96 million BoP, current US$ | -12.97 billion BoP, current US$ | 12.75 billion BoP, current US$ | Latvia |
| 2020s | -1.10 billion BoP, current US$ | 2.14 billion BoP, current US$ | 3.24 billion BoP, current US$ | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Latvia or South Africa?
- Latvia, at -1.64 billion BoP, current US$ against -1.81 billion BoP, current US$ in South Africa as of 2025.
- What is the difference in current account balance between Latvia and South Africa?
- 164.02 million BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and South Africa?
- 34 years are reported by both, from 1992 to 2025.
- How do Latvia and South Africa rank globally for current account balance?
- Latvia ranks 142nd and South Africa ranks 144th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.