Latvia vs Panama: Share of service in total exports
Latvia
21.11 billion BoP, current US$
in 2025
Panama
18.61 billion BoP, current US$
in 2025
Latvia rank
80th
Panama rank
82nd
Share of service in total exports over time
- Latvia
- Panama
How they compare
Latvia currently reports 21.11 billion BoP, current US$ against 18.61 billion BoP, current US$ in Panama, a difference of 2.49 billion BoP, current US$.
That makes Latvia's figure about 1.1 times Panama's.
The two have swapped places 5 times across 34 shared years of data; in 1992 it was Panama ahead.
Latvia ranks 80th and Panama ranks 82nd of 198 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Panama in 3.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.25 billion BoP, current US$ | 5.84 billion BoP, current US$ | 4.59 billion BoP, current US$ | Panama |
| 2000s | 4.44 billion BoP, current US$ | 8.14 billion BoP, current US$ | 3.71 billion BoP, current US$ | Panama |
| 2010s | 12.52 billion BoP, current US$ | 16.11 billion BoP, current US$ | 3.59 billion BoP, current US$ | Panama |
| 2020s | 19.62 billion BoP, current US$ | 17.81 billion BoP, current US$ | 1.81 billion BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of service in total exports, Latvia or Panama?
- Latvia, at 21.11 billion BoP, current US$ against 18.61 billion BoP, current US$ in Panama as of 2025.
- What is the difference in share of service in total exports between Latvia and Panama?
- 2.49 billion BoP, current US$, with Latvia 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 share of service in total exports?
- Latvia ranks 80th and Panama ranks 82nd of 198 countries.
- Where does this data come from?
- International Monetary Fund (IMF), via World Bank (2026) β processed by Our World in Data, published as Share of service in total exports. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.