Cyprus vs Latvia: Secondary income, other sectors, payments

Cyprus
1.09 billion BoP, current US$
in 2025
Latvia
828.96 million BoP, current US$
in 2025
Cyprus rank
70th
Latvia rank
72nd

Secondary income, other sectors, payments over time

  • Cyprus
  • Latvia
0250.0M500.0M750.0M1.0B1.2B197620002025

How they compare

Cyprus currently reports 1.09 billion BoP, current US$ against 828.96 million BoP, current US$ in Latvia, a difference of 262.43 million BoP, current US$.

That makes Cyprus's figure about 1.3 times Latvia's.

The two have swapped places 2 times across 30 shared years of data; in 1993 it was Cyprus ahead.

Cyprus ranks 70th and Latvia ranks 72nd of 197 countries.

Across the 4 decades both report, Cyprus averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Cyprus Latvia Difference Ahead
1990s 27.23 million BoP, current US$ 7.63 million BoP, current US$ 19.60 million BoP, current US$ Cyprus
2000s 348.40 million BoP, current US$ 548.01 million BoP, current US$ 199.61 million BoP, current US$ Latvia
2010s 708.34 million BoP, current US$ 359.43 million BoP, current US$ 348.91 million BoP, current US$ Cyprus
2020s 911.06 million BoP, current US$ 543.05 million BoP, current US$ 368.01 million BoP, current US$ Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income, other sectors, payments, Cyprus or Latvia?
Cyprus, at 1.09 billion BoP, current US$ against 828.96 million BoP, current US$ in Latvia as of 2025.
What is the difference in secondary income, other sectors, payments between Cyprus and Latvia?
262.43 million BoP, current US$, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Latvia?
30 years are reported by both, from 1993 to 2025.
How do Cyprus and Latvia rank globally for secondary income, other sectors, payments?
Cyprus ranks 70th and Latvia ranks 72nd of 197 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: Secondary income, other sectors, payments. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://economy.statizoid.com/compare/secondary-income-other-sectors-payments-bop-current-us/cyprus/latvia/

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About this data

Indicator
Secondary income, other sectors, payments (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 8,654 data points, 1960–2025
Last refreshed

Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.