Latvia vs Panama: Gross domestic product (GDP), per capita

Latvia
38,801 international-$ in 2021 prices per person
in 2025
Panama
37,516 international-$ in 2021 prices per person
in 2025
Latvia rank
57th
Panama rank
60th

Gross domestic product (GDP), per capita over time

  • Latvia
  • Panama
10.0k20.0k30.0k40.0k199020072025

How they compare

Latvia currently reports 38,801 international-$ in 2021 prices per person against 37,516 international-$ in 2021 prices per person in Panama, a difference of 1,285 international-$ in 2021 prices per person.

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 per person 12,258 international-$ in 2021 prices per person 255.58 international-$ in 2021 prices per person Latvia
2000s 21,896 international-$ in 2021 prices per person 17,330 international-$ in 2021 prices per person 4,566 international-$ in 2021 prices per person Latvia
2010s 29,979 international-$ in 2021 prices per person 29,026 international-$ in 2021 prices per person 953.04 international-$ in 2021 prices per person Latvia
2020s 37,092 international-$ in 2021 prices per person 33,586 international-$ in 2021 prices per person 3,506 international-$ in 2021 prices per person Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), per capita, Latvia or Panama?
Latvia, at 38,801 international-$ in 2021 prices per person against 37,516 international-$ in 2021 prices per person in Panama as of 2025.
What is the difference in gross domestic product (gdp), per capita between Latvia and Panama?
1,285 international-$ in 2021 prices per person, 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 gross domestic product (gdp), per capita?
Latvia ranks 57th and Panama ranks 60th of 198 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic product (GDP), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Panama: Gross domestic product (GDP), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-per-capita-2/latvia/panama/

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About this data

Indicator
Gross domestic product (GDP), per capita
Unit
international-$ in 2021 prices per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 6,959 data points, 1990–2025
Last refreshed

Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.