Azerbaijan vs Latvia: Foreign assets
Azerbaijan
47.95 billion real chained 2019 US$
in 2020
Latvia
49.19 billion real chained 2019 US$
in 2020
Azerbaijan rank
72nd
Latvia rank
71st
Foreign assets over time
- Azerbaijan
- Latvia
How they compare
Latvia currently reports 49.19 billion real chained 2019 US$ against 47.95 billion real chained 2019 US$ in Azerbaijan, a difference of 1.25 billion real chained 2019 US$.
The two have swapped places 4 times across 26 shared years of data; in 1995 it was Latvia ahead.
Azerbaijan ranks 72nd and Latvia ranks 71st of 149 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Azerbaijan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.67 billion real chained 2019 US$ | 6.11 billion real chained 2019 US$ | 4.44 billion real chained 2019 US$ | Latvia |
| 2000s | 20.33 billion real chained 2019 US$ | 18.77 billion real chained 2019 US$ | 1.56 billion real chained 2019 US$ | Azerbaijan |
| 2010s | 53.93 billion real chained 2019 US$ | 37.92 billion real chained 2019 US$ | 16.01 billion real chained 2019 US$ | Azerbaijan |
| 2020s | 47.95 billion real chained 2019 US$ | 49.19 billion real chained 2019 US$ | 1.25 billion real chained 2019 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign assets, Azerbaijan or Latvia?
- Latvia, at 49.19 billion real chained 2019 US$ against 47.95 billion real chained 2019 US$ in Azerbaijan as of 2020.
- What is the difference in foreign assets between Azerbaijan and Latvia?
- 1.25 billion real chained 2019 US$, with Latvia ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 26 years are reported by both, from 1995 to 2020.
- How do Azerbaijan and Latvia rank globally for foreign assets?
- Azerbaijan ranks 72nd and Latvia ranks 71st of 149 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Foreign assets (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.