Latvia vs Palau: GDP per capita
GDP per capita over time
- Latvia
- Palau
How they compare
Latvia currently reports 17,433 constant LCU against 15,852 constant LCU in Palau, a difference of 1,581 constant LCU.
That makes Latvia's figure about 1.1 times Palau's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Palau ahead.
Globally, Latvia ranks 171st and Palau ranks 174th of 214 countries.
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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 varies by country. This series is expressed in local currency units.