Latvia vs Panama: History’s hockey stick: Real gross domestic product per capita using the ratio scale
Latvia
24,313 2011 US$
in 2018
Panama
22,637 2011 US$
in 2018
Latvia rank
46th
Panama rank
48th
History’s hockey stick: Real gross domestic product per capita using the ratio scale over time
- Latvia
- Panama
How they compare
Latvia currently reports 24,313 2011 US$ against 22,637 2011 US$ in Panama, a difference of 1,676 2011 US$.
That makes Latvia's figure about 1.1 times Panama's.
The two have swapped places 2 times across 40 shared years of data; in 1973 it was Latvia ahead.
Latvia ranks 46th and Panama ranks 48th of 145 countries.
Latvia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12,506 2011 US$ | 5,719 2011 US$ | 6,787 2011 US$ | Latvia |
| 1980s | 14,466 2011 US$ | 7,208 2011 US$ | 7,259 2011 US$ | Latvia |
| 1990s | 10,470 2011 US$ | 8,554 2011 US$ | 1,917 2011 US$ | Latvia |
| 2000s | 16,111 2011 US$ | 11,657 2011 US$ | 4,454 2011 US$ | Latvia |
| 2010s | 20,764 2011 US$ | 19,537 2011 US$ | 1,227 2011 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher history’s hockey stick: real gross domestic product per capita using the ratio scale, Latvia or Panama?
- Latvia, at 24,313 2011 US$ against 22,637 2011 US$ in Panama as of 2018.
- What is the difference in history’s hockey stick: real gross domestic product per capita using the ratio scale between Latvia and Panama?
- 1,676 2011 US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Panama?
- 40 years are reported by both, from 1973 to 2018.
- How do Latvia and Panama rank globally for history’s hockey stick: real gross domestic product per capita using the ratio scale?
- Latvia ranks 46th and Panama ranks 48th of 145 countries.
- Where does this data come from?
- Maddison Project Database (2018) – processed by Our World in Data, published as History’s hockey stick: Real gross domestic product per capita using the ratio scale. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Unit 1 'The capitalist revolution’ Section 1.3 'History's Hockey Stick: Growth in income' in The CORE Team, The Economy. Available at: https://tinyco.re/28126370 [Figure 1.1b]