Latvia vs Panama: Imports of goods and services (constant LCU), per unit of GDP

Latvia
0.4593 constant LCU per US$ of GDP
in 2025
Panama
0.4168 constant LCU per US$ of GDP
in 2024
Latvia rank
143rd
Panama rank
146th

Imports of goods and services (constant LCU), per unit of GDP over time

  • Latvia
  • Panama
0.40.60.811.2199520102025

How they compare

Latvia currently reports 0.4593 constant LCU per US$ of GDP against 0.4168 constant LCU per US$ of GDP in Panama, a difference of 0.0425 constant LCU per US$ of GDP.

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

The two have swapped places 1 time across 29 shared years of data; in 1996 it was Panama ahead.

Latvia ranks 143rd and Panama ranks 146th of 179 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 0.8374 constant LCU per US$ of GDP 1.05 constant LCU per US$ of GDP 0.2107 constant LCU per US$ of GDP Panama
2000s 0.6436 constant LCU per US$ of GDP 0.8719 constant LCU per US$ of GDP 0.2283 constant LCU per US$ of GDP Panama
2010s 0.5242 constant LCU per US$ of GDP 0.5832 constant LCU per US$ of GDP 0.059 constant LCU per US$ of GDP Panama
2020s 0.5308 constant LCU per US$ of GDP 0.42 constant LCU per US$ of GDP 0.1108 constant LCU per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports of goods and services (constant lcu), per unit of gdp, Latvia or Panama?
Latvia, at 0.4593 constant LCU per US$ of GDP against 0.4168 constant LCU per US$ of GDP in Panama as of 2025.
What is the difference in imports of goods and services (constant lcu), per unit of gdp between Latvia and Panama?
0.0425 constant LCU per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Panama?
29 years are reported by both, from 1996 to 2024.
How do Latvia and Panama rank globally for imports of goods and services (constant lcu), per unit of gdp?
Latvia ranks 143rd and Panama ranks 146th of 179 countries.
Where does this data come from?
Statizoid (derived), published as Imports of goods and services (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Panama: Imports of goods and services (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/imports-of-goods-and-services-constant-lcu-per-unit-of-gdp/latvia/panama/

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About this data

Indicator
Imports of goods and services (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
179 places, 7,734 data points, 1960–2025
Last refreshed

Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.