Latvia vs Panama: GDP per capita
GDP per capita over time
- Latvia
- Panama
How they compare
Panama currently reports 17,650 constant 2015 US$ against 16,892 constant 2015 US$ in Latvia, a difference of 757.8 constant 2015 US$.
The two have swapped places 5 times across 36 shared years of data; in 1990 it was Latvia ahead.
Globally, Latvia ranks 71st and Panama ranks 68th of 211 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.