Latvia vs Panama: GDP per capita
GDP per capita over time
- Latvia
- Panama
How they compare
Latvia currently reports 23,285 current LCU against 19,790 current LCU in Panama, a difference of 3,495 current LCU.
That makes Latvia's figure about 1.2 times Panama's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Panama ahead.
Latvia ranks 178th and Panama ranks 180th of 212 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 | 1,334 current LCU | 3,357 current LCU | 2,023 current LCU | Panama |
| 2000s | 6,050 current LCU | 5,298 current LCU | 752.73 current LCU | Latvia |
| 2010s | 11,841 current LCU | 13,178 current LCU | 1,338 current LCU | Panama |
| 2020s | 19,631 current LCU | 17,321 current LCU | 2,310 current LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Latvia or Panama?
- Latvia, at 23,285 current LCU against 19,790 current LCU in Panama as of 2025.
- What is the difference in gdp per capita between Latvia and Panama?
- 3,495 current LCU, with Latvia 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 178th and Panama ranks 180th of 212 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.