Latvia vs Panama: GDP per capita
Latvia
38,800 international-$ in 2021 prices
in 2025
Panama
37,516 international-$ in 2021 prices
in 2025
Latvia rank
57th
Panama rank
60th
GDP per capita over time
- Latvia
- Panama
How they compare
Latvia currently reports 38,800 international-$ in 2021 prices against 37,516 international-$ in 2021 prices in Panama, a difference of 1,284 international-$ in 2021 prices.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Latvia ahead.
Latvia ranks 57th and Panama ranks 60th of 198 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12,514 international-$ in 2021 prices | 12,258 international-$ in 2021 prices | 255.58 international-$ in 2021 prices | Latvia |
| 2000s | 21,896 international-$ in 2021 prices | 17,330 international-$ in 2021 prices | 4,566 international-$ in 2021 prices | Latvia |
| 2010s | 29,979 international-$ in 2021 prices | 29,026 international-$ in 2021 prices | 953.02 international-$ in 2021 prices | Latvia |
| 2020s | 37,092 international-$ in 2021 prices | 33,586 international-$ in 2021 prices | 3,506 international-$ in 2021 prices | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Latvia or Panama?
- Latvia, at 38,800 international-$ in 2021 prices against 37,516 international-$ in 2021 prices in Panama as of 2025.
- What is the difference in gdp per capita between Latvia and Panama?
- 1,284 international-$ in 2021 prices, 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 57th and Panama ranks 60th of 198 countries.
- Where does this data come from?
- Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data, published as GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.