Latvia vs Paraguay: Money sent or brought back by migrants as a share of GDP

Latvia
3.0%
in 2025
Paraguay
3.1%
in 2025
Latvia rank
82nd
Paraguay rank
81st

Money sent or brought back by migrants as a share of GDP over time

  • Latvia
  • Paraguay
0246197520002025

How they compare

Paraguay currently reports 3.1% against 3.0% in Latvia, a difference of 0.1%.

The two have swapped places 6 times across 30 shared years of data; in 1996 it was Paraguay ahead.

Latvia ranks 82nd and Paraguay ranks 81st of 194 countries.

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

Head to head by decade

Decade Latvia Paraguay Difference Ahead
1990s 0.7% 1.5% 0.8% Paraguay
2000s 2.9% 1.7% 1.3% Latvia
2010s 4.8% 1.8% 3.1% Latvia
2020s 3.2% 2.3% 0.8% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher money sent or brought back by migrants as a share of gdp, Latvia or Paraguay?
Paraguay, at 3.1% against 3.0% in Latvia as of 2025.
What is the difference in money sent or brought back by migrants as a share of gdp between Latvia and Paraguay?
0.1%, with Paraguay ahead.
How many years of comparable data are there for Latvia and Paraguay?
30 years are reported by both, from 1996 to 2025.
How do Latvia and Paraguay rank globally for money sent or brought back by migrants as a share of gdp?
Latvia ranks 82nd and Paraguay ranks 81st of 194 countries.
Where does this data come from?
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as Money sent or brought back by migrants as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Paraguay: Money sent or brought back by migrants as a share of GDP. Statizoid, drawing on World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Retrieved 07 September 2026, from https://population.statizoid.com/compare/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/latvia/paraguay/

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About this data

Indicator
Money sent or brought back by migrants as a share of GDP
Unit
% of GDP
Source
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed

Money sent or brought back by migrants refers to remittances a country has received in this year.