Latvia vs Panama: Gross Domestic Product — Value Standard Local Currency, per capita

Latvia
0.0214 million SLC per person
in 2024
Panama
0.0191 million SLC per person
in 2024
Latvia rank
164th
Panama rank
167th

Gross Domestic Product — Value Standard Local Currency, per capita over time

  • Latvia
  • Panama
00.0050.010.0150.02197019972024

How they compare

Latvia currently reports 0.0214 million SLC per person against 0.0191 million SLC per person in Panama, a difference of 0.0023 million SLC per person.

That makes Latvia's figure about 1.1 times Panama's.

The two have swapped places 3 times across 34 shared years of data; in 1991 it was Panama ahead.

Latvia ranks 164th and Panama ranks 167th of 192 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 0.0015 million SLC per person 0.0034 million SLC per person 0.0019 million SLC per person Panama
2000s 0.0061 million SLC per person 0.0051 million SLC per person 0.0009 million SLC per person Latvia
2010s 0.0118 million SLC per person 0.0131 million SLC per person 0.0013 million SLC per person Panama
2020s 0.0188 million SLC per person 0.0168 million SLC per person 0.002 million SLC per person Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value standard local currency, per capita, Latvia or Panama?
Latvia, at 0.0214 million SLC per person against 0.0191 million SLC per person in Panama as of 2024.
What is the difference in gross domestic product — value standard local currency, per capita between Latvia and Panama?
0.0023 million SLC per person, with Latvia ahead.
How many years of comparable data are there for Latvia and Panama?
34 years are reported by both, from 1991 to 2024.
How do Latvia and Panama rank globally for gross domestic product — value standard local currency, per capita?
Latvia ranks 164th and Panama ranks 167th of 192 countries.
Where does this data come from?
Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, 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 — Value Standard Local Currency, per capita. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-standard-local-currency-per-capita/latvia/panama/

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About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 9,859 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.