Latvia vs Panama: Imports of goods and services (BoP, current US$)
Imports of goods and services (BoP, current US$) over time
- Latvia
- Panama
How they compare
Panama currently reports 34.10 billion BoP, current US$ against 32.72 billion BoP, current US$ in Latvia, a difference of 1.39 billion BoP, current US$.
The two have swapped places 4 times across 34 shared years of data; in 1992 it was Panama ahead.
Latvia ranks 79th and Panama ranks 76th of 200 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.37 billion BoP, current US$ | 7.63 billion BoP, current US$ | 5.27 billion BoP, current US$ | Panama |
| 2000s | 9.34 billion BoP, current US$ | 11.70 billion BoP, current US$ | 2.35 billion BoP, current US$ | Panama |
| 2010s | 18.38 billion BoP, current US$ | 28.24 billion BoP, current US$ | 9.86 billion BoP, current US$ | Panama |
| 2020s | 28.16 billion BoP, current US$ | 29.56 billion BoP, current US$ | 1.40 billion BoP, current US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, Latvia or Panama?
- Panama, at 34.10 billion BoP, current US$ against 32.72 billion BoP, current US$ in Latvia as of 2025.
- What is the difference in imports of goods and services between Latvia and Panama?
- 1.39 billion BoP, current US$, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 34 years are reported by both, from 1992 to 2025.
- How do Latvia and Panama rank globally for imports of goods and services?
- Latvia ranks 79th and Panama ranks 76th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.