Latvia vs Panama: Expense

Latvia

13.53 billion current LCU

in 2023

Panama

11.55 billion current LCU

in 2021

Latvia rank

130th

Panama rank

132nd

Expense over time

Latvia
Panama

How they compare

Latvia currently reports 13.53 billion current LCU against 11.55 billion current LCU in Panama, a difference of 1.98 billion current LCU.

That makes Latvia's figure about 1.2 times Panama's.

The two have swapped places 2 times across 8 shared years of data; in 2014 it was Latvia ahead.

Globally, Latvia ranks 130th and Panama ranks 132nd of 157 countries.

Individual pages

About this data

Indicator: Expense (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,452 data points, 1972–2024
Last refreshed: 06 August 2026

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.