Denmark vs Latvia: Personal remittances, received
Personal remittances, received over time
- Denmark
- Latvia
How they compare
Denmark currently reports 1.52 billion current US$ against 1.44 billion current US$ in Latvia, a difference of 76.43 million current US$.
That makes Denmark's figure about 1.1 times Latvia's.
The two have swapped places 2 times across 29 shared years of data; in 1996 it was Denmark ahead.
Denmark ranks 78th and Latvia ranks 81st of 195 countries.
Across the 4 decades both report, Denmark averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Denmark | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 777.19 million current US$ | 46.12 million current US$ | 731.07 million current US$ | Denmark |
| 2000s | 846.63 million current US$ | 593.13 million current US$ | 253.50 million current US$ | Denmark |
| 2010s | 1.28 billion current US$ | 1.36 billion current US$ | 84.84 million current US$ | Latvia |
| 2020s | 1.44 billion current US$ | 1.25 billion current US$ | 182.37 million current US$ | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Denmark or Latvia?
- Denmark, at 1.52 billion current US$ against 1.44 billion current US$ in Latvia as of 2024.
- What is the difference in personal remittances, received between Denmark and Latvia?
- 76.43 million current US$, with Denmark ahead.
- How many years of comparable data are there for Denmark and Latvia?
- 29 years are reported by both, from 1996 to 2024.
- How do Denmark and Latvia rank globally for personal remittances, received?
- Denmark ranks 78th and Latvia ranks 81st of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.