Lao People's Democratic Republic vs Latvia: Reserves and related items
Reserves and related items over time
- Lao People's Democratic Republic
- Latvia
How they compare
Lao People's Democratic Republic currently reports 425.62 million BoP, current US$ against 342.50 million BoP, current US$ in Latvia, a difference of 83.12 million BoP, current US$.
That makes Lao People's Democratic Republic's figure about 1.2 times Latvia's.
The two have swapped places 13 times across 33 shared years of data; in 1992 it was Latvia ahead.
Lao People's Democratic Republic ranks 75th and Latvia ranks 78th of 194 countries.
Across the 4 decades both report, Lao People's Democratic Republic averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Lao People's Democratic Republic | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -212.92 million BoP, current US$ | 112.41 million BoP, current US$ | 325.32 million BoP, current US$ | Latvia |
| 2000s | -14.54 million BoP, current US$ | 420.11 million BoP, current US$ | 434.64 million BoP, current US$ | Latvia |
| 2010s | 40.10 million BoP, current US$ | 352.64 million BoP, current US$ | 312.54 million BoP, current US$ | Latvia |
| 2020s | 224.02 million BoP, current US$ | 103.43 million BoP, current US$ | 120.59 million BoP, current US$ | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher reserves and related items, Lao People's Democratic Republic or Latvia?
- Lao People's Democratic Republic, at 425.62 million BoP, current US$ against 342.50 million BoP, current US$ in Latvia as of 2024.
- What is the difference in reserves and related items between Lao People's Democratic Republic and Latvia?
- 83.12 million BoP, current US$, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Latvia?
- 33 years are reported by both, from 1992 to 2024.
- How do Lao People's Democratic Republic and Latvia rank globally for reserves and related items?
- Lao People's Democratic Republic ranks 75th and Latvia ranks 78th of 194 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Reserves and related items (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. 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.