Latvia vs Panama: Goods exports
Goods exports over time
- Latvia
- Panama
How they compare
Latvia currently reports 21.11 billion BoP, current US$ against 18.61 billion BoP, current US$ in Panama, a difference of 2.49 billion BoP, current US$.
That makes Latvia's figure about 1.1 times Panama's.
The two have swapped places 5 times across 34 shared years of data; in 1992 it was Panama ahead.
Latvia ranks 81st and Panama ranks 83rd of 200 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Panama in 3.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.25 billion BoP, current US$ | 5.84 billion BoP, current US$ | 4.59 billion BoP, current US$ | Panama |
| 2000s | 4.44 billion BoP, current US$ | 8.14 billion BoP, current US$ | 3.71 billion BoP, current US$ | Panama |
| 2010s | 12.52 billion BoP, current US$ | 16.11 billion BoP, current US$ | 3.59 billion BoP, current US$ | Panama |
| 2020s | 19.62 billion BoP, current US$ | 17.81 billion BoP, current US$ | 1.81 billion BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods exports, Latvia or Panama?
- Latvia, at 21.11 billion BoP, current US$ against 18.61 billion BoP, current US$ in Panama as of 2025.
- What is the difference in goods exports between Latvia and Panama?
- 2.49 billion BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Panama?
- 34 years are reported by both, from 1992 to 2025.
- How do Latvia and Panama rank globally for goods exports?
- Latvia ranks 81st and Panama ranks 83rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods exports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.