Latvia vs Paraguay: Gross savings
Gross savings over time
- Latvia
- Paraguay
How they compare
Paraguay currently reports 10.94 billion current US$ against 10.07 billion current US$ in Latvia, a difference of 870.80 million current US$.
That makes Paraguay's figure about 1.1 times Latvia's.
The two have swapped places 10 times across 31 shared years of data; in 1995 it was Paraguay ahead.
Latvia ranks 93rd and Paraguay ranks 90th of 177 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Paraguay in 3.
Head to head by decade
| Decade | Latvia | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 883.72 million current US$ | 1.89 billion current US$ | 1.01 billion current US$ | Paraguay |
| 2000s | 4.12 billion current US$ | 2.85 billion current US$ | 1.27 billion current US$ | Latvia |
| 2010s | 6.72 billion current US$ | 8.22 billion current US$ | 1.50 billion current US$ | Paraguay |
| 2020s | 8.57 billion current US$ | 9.14 billion current US$ | 569.05 million current US$ | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Latvia or Paraguay?
- Paraguay, at 10.94 billion current US$ against 10.07 billion current US$ in Latvia as of 2025.
- What is the difference in gross savings between Latvia and Paraguay?
- 870.80 million current US$, with Paraguay ahead.
- How many years of comparable data are there for Latvia and Paraguay?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Paraguay rank globally for gross savings?
- Latvia ranks 93rd and Paraguay ranks 90th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.