Latvia vs Panama: Foreign direct investment, net outflows (BoP, current US$), per

Latvia
16,390 BoP, current US$ per square kilometre
in 2023
Panama
19,752 BoP, current US$ per square kilometre
in 2023
Latvia rank
47th
Panama rank
44th

Foreign direct investment, net outflows (BoP, current US$), per over time

  • Latvia
  • Panama
-40.0k-20.0k020.0k40.0k197720002023

How they compare

Panama currently reports 19,752 BoP, current US$ per square kilometre against 16,390 BoP, current US$ per square kilometre in Latvia, a difference of 3,362 BoP, current US$ per square kilometre.

That makes Panama's figure about 1.2 times Latvia's.

The two have swapped places 12 times across 31 shared years of data; in 1992 it was Panama ahead.

Latvia ranks 47th and Panama ranks 44th of 188 countries.

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

Head to head by decade

Decade Latvia Panama Difference Ahead
1990s 16.52 BoP, current US$ per square kilometre 955.84 BoP, current US$ per square kilometre 939.32 BoP, current US$ per square kilometre Panama
2000s 2,527 BoP, current US$ per square kilometre 2,640 BoP, current US$ per square kilometre 113.58 BoP, current US$ per square kilometre Panama
2010s 3,699 BoP, current US$ per square kilometre 7,481 BoP, current US$ per square kilometre 3,783 BoP, current US$ per square kilometre Panama
2020s 14,960 BoP, current US$ per square kilometre -5,051 BoP, current US$ per square kilometre 20,012 BoP, current US$ per square kilometre Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign direct investment, net outflows (bop, current us$), per, Latvia or Panama?
Panama, at 19,752 BoP, current US$ per square kilometre against 16,390 BoP, current US$ per square kilometre in Latvia as of 2023.
What is the difference in foreign direct investment, net outflows (bop, current us$), per between Latvia and Panama?
3,362 BoP, current US$ per square kilometre, with Panama ahead.
How many years of comparable data are there for Latvia and Panama?
31 years are reported by both, from 1992 to 2023.
How do Latvia and Panama rank globally for foreign direct investment, net outflows (bop, current us$), per?
Latvia ranks 47th and Panama ranks 44th of 188 countries.
Where does this data come from?
Statizoid (derived), published as Foreign direct investment, net outflows (BoP, current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Panama: Foreign direct investment, net outflows (BoP, current US$), per. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/foreign-direct-investment-net-outflows-bop-current-us-per-square-kilometre/latvia/panama/

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About this data

Indicator
Foreign direct investment, net outflows (BoP, current US$), per square kilometre
Unit
BoP, current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
235 places, 9,589 data points, 1970–2023
Last refreshed

Foreign direct investment, net outflows (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.