Laos vs Latvia: Reserves and related items
Reserves and related items over time
- Laos
- Latvia
How they compare
Laos 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 Laos'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.
Globally, Laos ranks 75th and Latvia ranks 78th of 194 countries.
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.