Latvia vs Panama: Output per hour worked, GDP constant 2021 international $ at PPP
Output per hour worked, GDP constant 2021 international $ at PPP over time
- Latvia
- Panama
How they compare
Latvia currently reports 48.21 against 45.6 in Panama, a difference of 2.61.
That makes Latvia's figure about 1.1 times Panama's.
Across all 23 years both countries report, Latvia has been ahead every year.
Latvia ranks 49th and Panama ranks 51st of 188 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.59 | 22.81 | 5.78 | Latvia |
| 2010s | 35.41 | 32.02 | 3.39 | Latvia |
| 2020s | 44.6 | 42.69 | 1.91 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher output per hour worked, gdp constant 2021 international $ at ppp, Latvia or Panama?
- Latvia, at 48.21 against 45.6 in Panama as of 2027.
- What is the difference in output per hour worked, gdp constant 2021 international $ at ppp between Latvia and Panama?
- 2.61, with Latvia ahead.
- How many years of comparable data are there for Latvia and Panama?
- 23 years are reported by both, from 2005 to 2027.
- How do Latvia and Panama rank globally for output per hour worked, gdp constant 2021 international $ at ppp?
- Latvia ranks 49th and Panama ranks 51st of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.