Azerbaijan vs Latvia: Personal transfers, receipts (BoP, current US$), per unit of GDP

Azerbaijan
0.0155 BoP, current US$ per US$ of GDP
in 2025
Latvia
0.0173 BoP, current US$ per US$ of GDP
in 2025
Azerbaijan rank
96th
Latvia rank
93rd

Personal transfers, receipts (BoP, current US$), per unit of GDP over time

  • Azerbaijan
  • Latvia
00.010.020.030.040.05199720112025

How they compare

Latvia currently reports 0.0173 BoP, current US$ per US$ of GDP against 0.0155 BoP, current US$ per US$ of GDP in Azerbaijan, a difference of 0.0018 BoP, current US$ per US$ of GDP.

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

The two have swapped places 5 times across 21 shared years of data; in 1999 it was Azerbaijan ahead.

Azerbaijan ranks 96th and Latvia ranks 93rd of 176 countries.

Across the 4 decades both report, Azerbaijan averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Azerbaijan Latvia Difference Ahead
1990s 0.0119 BoP, current US$ per US$ of GDP 0.0004 BoP, current US$ per US$ of GDP 0.0115 BoP, current US$ per US$ of GDP Azerbaijan
2000s 0.0212 BoP, current US$ per US$ of GDP 0.0314 BoP, current US$ per US$ of GDP 0.0103 BoP, current US$ per US$ of GDP Latvia
2010s 0.0228 BoP, current US$ per US$ of GDP 0.0231 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP Latvia
2020s 0.0242 BoP, current US$ per US$ of GDP 0.0177 BoP, current US$ per US$ of GDP 0.0065 BoP, current US$ per US$ of GDP Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal transfers, receipts (bop, current us$), per unit of gdp, Azerbaijan or Latvia?
Latvia, at 0.0173 BoP, current US$ per US$ of GDP against 0.0155 BoP, current US$ per US$ of GDP in Azerbaijan as of 2025.
What is the difference in personal transfers, receipts (bop, current us$), per unit of gdp between Azerbaijan and Latvia?
0.0018 BoP, current US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Azerbaijan and Latvia?
21 years are reported by both, from 1999 to 2025.
How do Azerbaijan and Latvia rank globally for personal transfers, receipts (bop, current us$), per unit of gdp?
Azerbaijan ranks 96th and Latvia ranks 93rd of 176 countries.
Where does this data come from?
Statizoid (derived), published as Personal transfers, receipts (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Latvia: Personal transfers, receipts (BoP, current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/compare/personal-transfers-receipts-bop-current-us-per-unit-of-gdp/azerbaijan/latvia/

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About this data

Indicator
Personal transfers, receipts (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
219 places, 6,237 data points, 1968–2025
Last refreshed

Personal transfers, receipts (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.