Latvia vs Venezuela, Bolivarian Republic of: Current account balance

Latvia
-3.4%
in 2025
Venezuela, Bolivarian Republic of
-3.4%
in 2016
Latvia rank
124th
Venezuela, Bolivarian Republic of rank
125th

Current account balance over time

  • Latvia
  • Venezuela, Bolivarian Republic of
-20-1001020197019972025

How they compare

Latvia currently reports -3.4% against -3.4% in Venezuela, Bolivarian Republic of, a difference of 0.0%.

The two have swapped places 3 times across 22 shared years of data; in 1995 it was Venezuela, Bolivarian Republic of ahead.

Latvia ranks 124th and Venezuela, Bolivarian Republic of ranks 125th of 200 countries.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latvia Venezuela, Bolivarian Republic of Difference Ahead
1990s -5.8% 3.4% 9.1% Venezuela, Bolivarian Republic of
2000s -9.6% 9.6% 19.2% Venezuela, Bolivarian Republic of
2010s -1.2% -0.7% 0.5% Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance, Latvia or Venezuela, Bolivarian Republic of?
Latvia, at -3.4% against -3.4% in Venezuela, Bolivarian Republic of as of 2025.
What is the difference in current account balance between Latvia and Venezuela, Bolivarian Republic of?
0.0%, with Latvia ahead.
How many years of comparable data are there for Latvia and Venezuela, Bolivarian Republic of?
22 years are reported by both, from 1995 to 2016.
How do Latvia and Venezuela, Bolivarian Republic of rank globally for current account balance?
Latvia ranks 124th and Venezuela, Bolivarian Republic of ranks 125th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Venezuela, Bolivarian Republic of: Current account balance. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://economy.statizoid.com/compare/current-account-balance-percent-of-gdp/latvia/venezuela-rb/

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About this data

Indicator
Current account balance (% of GDP)
Unit
% of GDP
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, 7,731 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.