Latvia vs Paraguay: Current account balance
Current account balance over time
- Latvia
- Paraguay
How they compare
Paraguay currently reports -1.57 billion BoP, current US$ against -1.64 billion BoP, current US$ in Latvia, a difference of 74.62 million BoP, current US$.
The two have swapped places 13 times across 34 shared years of data; in 1992 it was Latvia ahead.
Globally, Latvia ranks 142nd and Paraguay ranks 140th of 199 countries.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.