Latvia vs Panama Country Comparison
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Comparative Statistics (Latvia vs Panama)
ⓘ When data for the selected year is missing, the closest prior year with data is used instead. Whenever the two countries' data points are 5+ years apart those indicators are excluded from the total score.
Latvia leads against Panama in 9 of 11 comparable indicators, while Panama leads in 2. Latvia's strongest global position is 29th (2023) in Regulatory Quality: Estimate. Panama's strongest global position is 55th (2024) in Life expectancy at birth, total (years).
- Panama wins against Latvia in GDP growth (annual %): 2.75 (2024, ranked 126th) vs -0.05 (2024, ranked 192nd).
- Latvia wins against Panama in GDP per capita, PPP (constant 2021 international $): 37,611.67 (2024, ranked 57th) vs 36,394.92 (2024, ranked 60th).
- Latvia wins against Panama in Gini index: 34 (2023, ranked 86th) vs 49.70 (2024, ranked 159th).
- Latvia wins against Panama in Individuals using the Internet (% of population): 92.71 (2024, ranked 50th) vs 72.77 (2024, ranked 132nd).
- Panama wins against Latvia in Life expectancy at birth, total (years): 79.78 (2024, ranked 55th) vs 76.43 (2024, ranked 95th).
- Latvia wins against Panama in Lower secondary completion rate, total (% of relevant age group): 93.30 (2024, ranked 80th) vs 78.84 (2024, ranked 131st).
- Latvia wins against Panama in Unemployment, total (% of total labor force) (modeled ILO estimate): 6.57 (2025, ranked 120th) vs 8.36 (2025, ranked 138th).
- Latvia wins against Panama in Regulatory Quality: Estimate: 1.17 (2023, ranked 29th) vs 0.12 (2023, ranked 89th).
- Latvia wins against Panama in Control of Corruption: Estimate: 0.70 (2023, ranked 51st) vs -0.63 (2023, ranked 145th).
- Latvia wins against Panama in Rule of Law: Estimate: 1.04 (2023, ranked 34th) vs -0.35 (2023, ranked 122nd).
- Latvia wins against Panama in Political Stability and Absence of Violence/Terrorism: Estimate: 0.59 (2023, ranked 67th) vs 0.21 (2023, ranked 95th).
| Metric | Latvia(9) | Panama(2) |
|---|---|---|
| GDP growth (annual %) | (2024) -0.05 (192/214) | (2024) 2.75 (126/214) |
| GDP per capita, PPP (constant 2021 international $) | (2024) 37,611.67 (57/199) | (2024) 36,394.92 (60/199) |
| Gini index | (2023) 34 (86/171) | (2024) 49.70 (159/171) |
| Individuals using the Internet (% of population) | (2024) 92.71 (50/213) | (2024) 72.77 (132/213) |
| Life expectancy at birth, total (years) | (2024) 76.43 (95/217) | (2024) 79.78 (55/217) |
| Lower secondary completion rate, total (% of relevant age group) | (2024) 93.30 (80/197) | (2024) 78.84 (131/197) |
| Unemployment, total (% of total labor force) (modeled ILO estimate) | (2025) 6.57 (120/187) | (2025) 8.36 (138/187) |
| Regulatory Quality: Estimate | (2023) 1.17 (29/205) | (2023) 0.12 (89/205) |
| Control of Corruption: Estimate | (2023) 0.70 (51/205) | (2023) -0.63 (145/205) |
| Rule of Law: Estimate | (2023) 1.04 (34/205) | (2023) -0.35 (122/205) |
| Political Stability and Absence of Violence/Terrorism: Estimate | (2023) 0.59 (67/205) | (2023) 0.21 (95/205) |