Latvia vs Panama: GDP per capita
GDP per capita over time
- Latvia
- Panama
How they compare
Panama currently reports 17,650 constant 2015 US$ against 16,892 constant 2015 US$ in Latvia, a difference of 758 constant 2015 US$.
The two have swapped places 5 times across 36 shared years of data; in 1990 it was Latvia ahead.
Latvia ranks 70th and Panama ranks 67th of 210 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Panama in 2.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5,448 constant 2015 US$ | 5,767 constant 2015 US$ | 319.06 constant 2015 US$ | Panama |
| 2000s | 9,533 constant 2015 US$ | 8,153 constant 2015 US$ | 1,379 constant 2015 US$ | Latvia |
| 2010s | 13,052 constant 2015 US$ | 13,656 constant 2015 US$ | 604.04 constant 2015 US$ | Panama |
| 2020s | 16,148 constant 2015 US$ | 15,801 constant 2015 US$ | 347.37 constant 2015 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Latvia or Panama?
- Panama, at 17,650 constant 2015 US$ against 16,892 constant 2015 US$ in Latvia as of 2025.
- What is the difference in gdp per capita between Latvia and Panama?
- 758 constant 2015 US$, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 36 years are reported by both, from 1990 to 2025.
- How do Latvia and Panama rank globally for gdp per capita?
- Latvia ranks 70th and Panama ranks 67th of 210 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.