Latvia vs Panama: Goods imports

Latvia
25.60 billion BoP, current US$
in 2025
Panama
28.19 billion BoP, current US$
in 2025
Latvia rank
74th
Panama rank
73rd

Goods imports over time

  • Latvia
  • Panama
010.0B20.0B30.0B197720012025

How they compare

Panama currently reports 28.19 billion BoP, current US$ against 25.60 billion BoP, current US$ in Latvia, a difference of 2.59 billion BoP, current US$.

That makes Panama's figure about 1.1 times Latvia's.

The two have swapped places 4 times across 34 shared years of data; in 1992 it was Panama ahead.

Globally, Latvia ranks 74th and Panama ranks 73rd of 199 countries.

Individual pages

About this data

Indicator
Goods imports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,762 data points, 1960–2025
Last refreshed

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.