Latvia vs Panama: Imports of goods and services
Imports of goods and services over time
- Latvia
- Panama
How they compare
Panama currently reports 34.02 billion current US$ against 32.65 billion current US$ in Latvia, a difference of 1.37 billion current US$.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Panama ahead.
Latvia ranks 80th and Panama ranks 77th of 193 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.09 billion current US$ | 8.14 billion current US$ | 5.04 billion current US$ | Panama |
| 2000s | 9.65 billion current US$ | 12.52 billion current US$ | 2.87 billion current US$ | Panama |
| 2010s | 18.44 billion current US$ | 28.51 billion current US$ | 10.07 billion current US$ | Panama |
| 2020s | 27.50 billion current US$ | 29.81 billion current US$ | 2.31 billion 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 34.02 billion current US$ against 32.65 billion current US$ in Latvia as of 2024.
- What is the difference in imports of goods and services between Latvia and Panama?
- 1.37 billion current US$, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and Panama rank globally for imports of goods and services?
- Latvia ranks 80th and Panama ranks 77th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Imports of goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.