Latvia vs Mongolia: Gross domestic savings

Latvia
9.47 billion current US$
in 2025
Mongolia
8.60 billion current US$
in 2025
Latvia rank
96th
Mongolia rank
98th

Gross domestic savings over time

  • Latvia
  • Mongolia
02.0B4.0B6.0B8.0B10.0B198120032025

How they compare

Latvia currently reports 9.47 billion current US$ against 8.60 billion current US$ in Mongolia, a difference of 870.45 million current US$.

That makes Latvia's figure about 1.1 times Mongolia's.

Across all 31 years both countries report, Latvia has been ahead every year.

Latvia ranks 96th and Mongolia ranks 98th of 187 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Mongolia Difference Ahead
1990s 771.11 million current US$ 375.27 million current US$ 395.84 million current US$ Latvia
2000s 3.70 billion current US$ 770.56 million current US$ 2.93 billion current US$ Latvia
2010s 6.29 billion current US$ 3.46 billion current US$ 2.83 billion current US$ Latvia
2020s 8.54 billion current US$ 6.59 billion current US$ 1.95 billion current US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Latvia or Mongolia?
Latvia, at 9.47 billion current US$ against 8.60 billion current US$ in Mongolia as of 2025.
What is the difference in gross domestic savings between Latvia and Mongolia?
870.45 million current US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Mongolia?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Mongolia rank globally for gross domestic savings?
Latvia ranks 96th and Mongolia ranks 98th of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Mongolia: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 26 August 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-us/latvia/mongolia/

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About this data

Indicator
Gross domestic savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,097 data points, 1960–2025
Last refreshed

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.