Latvia vs Mongolia: Primary income payments
Primary income payments over time
- Latvia
- Mongolia
How they compare
Latvia currently reports 3.61 billion BoP, current US$ against 3.23 billion BoP, current US$ in Mongolia, a difference of 383.37 million BoP, current US$.
That makes Latvia's figure about 1.1 times Mongolia's.
The two have swapped places 5 times across 33 shared years of data; in 1992 it was Mongolia ahead.
Latvia ranks 89th and Mongolia ranks 92nd of 199 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 86.85 million BoP, current US$ | 20.02 million BoP, current US$ | 66.83 million BoP, current US$ | Latvia |
| 2000s | 960.99 million BoP, current US$ | 79.05 million BoP, current US$ | 881.94 million BoP, current US$ | Latvia |
| 2010s | 1.74 billion BoP, current US$ | 1.25 billion BoP, current US$ | 487.91 million BoP, current US$ | Latvia |
| 2020s | 2.96 billion BoP, current US$ | 2.40 billion BoP, current US$ | 560.65 million BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income payments, Latvia or Mongolia?
- Latvia, at 3.61 billion BoP, current US$ against 3.23 billion BoP, current US$ in Mongolia as of 2025.
- What is the difference in primary income payments between Latvia and Mongolia?
- 383.37 million BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Mongolia?
- 33 years are reported by both, from 1992 to 2024.
- How do Latvia and Mongolia rank globally for primary income payments?
- Latvia ranks 89th and Mongolia ranks 92nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.