Latvia vs Panama: Value of imported goods as a share of GDP
Latvia
100.6%
in 2014
Panama
105.8%
in 2014
Latvia rank
18th
Panama rank
15th
Value of imported goods as a share of GDP over time
- Latvia
- Panama
How they compare
Panama currently reports 105.8% against 100.6% in Latvia, a difference of 5.2%.
That makes Panama's figure about 1.1 times Latvia's.
Across all 20 years both countries report, Panama has been ahead every year.
Latvia ranks 18th and Panama ranks 15th of 193 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 60.3% | 160.3% | 100.0% | Panama |
| 2000s | 62.4% | 140.5% | 78.1% | Panama |
| 2010s | 92.8% | 158.9% | 66.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value of imported goods as a share of gdp, Latvia or Panama?
- Panama, at 105.8% against 100.6% in Latvia as of 2014.
- What is the difference in value of imported goods as a share of gdp between Latvia and Panama?
- 5.2%, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 20 years are reported by both, from 1995 to 2014.
- How do Latvia and Panama rank globally for value of imported goods as a share of gdp?
- Latvia ranks 18th and Panama ranks 15th of 193 countries.
- Where does this data come from?
- Fouquin and Hugot (2016) β processed by Our World in Data, published as Value of imported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.