Bhutan vs Latvia: Personal remittances, received

Bhutan
3.3%
in 2024
Latvia
3.0%
in 2025
Bhutan rank
81st
Latvia rank
84th

Personal remittances, received over time

  • Bhutan
  • Latvia
0246199620102025

How they compare

Bhutan currently reports 3.3% against 3.0% in Latvia, a difference of 0.3%.

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

The two have swapped places 3 times across 19 shared years of data; in 2006 it was Latvia ahead.

Bhutan ranks 81st and Latvia ranks 84th of 196 countries.

Across the 3 decades both report, Bhutan averaged higher in 1 and Latvia in 2.

Head to head by decade

Decade Bhutan Latvia Difference Ahead
2000s 0.3% 4.0% 3.7% Latvia
2010s 1.2% 4.8% 3.7% Latvia
2020s 3.2% 3.2% 0.0% Bhutan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received, Bhutan or Latvia?
Bhutan, at 3.3% against 3.0% in Latvia as of 2024.
What is the difference in personal remittances, received between Bhutan and Latvia?
0.3%, with Bhutan ahead.
How many years of comparable data are there for Bhutan and Latvia?
19 years are reported by both, from 2006 to 2024.
How do Bhutan and Latvia rank globally for personal remittances, received?
Bhutan ranks 81st and Latvia ranks 84th of 196 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bhutan vs Latvia: Personal remittances, received. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/personal-remittances-received-percent-of-gdp/bhutan/latvia/

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About this data

Indicator
Personal remittances, received (% of GDP)
Unit
% of GDP
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,154 data points, 1970–2025
Last refreshed

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.