Latvia, Republic of vs Panama: GDP per person employed

Latvia, Republic of
80,906 constant 2021 PPP $
in 2025
Panama
81,808 constant 2021 PPP $
in 2025
Latvia, Republic of rank
52nd
Panama rank
51st

GDP per person employed over time

  • Latvia, Republic of
  • Panama
20.0k40.0k60.0k80.0k199120082025

How they compare

Panama currently reports 81,808 constant 2021 PPP $ against 80,906 constant 2021 PPP $ in Latvia, Republic of, a difference of 902 constant 2021 PPP $.

The two have swapped places 5 times across 35 shared years of data; in 1991 it was Latvia, Republic of ahead.

Latvia, Republic of ranks 52nd and Panama ranks 51st of 177 countries.

Across the 4 decades both report, Latvia, Republic of averaged higher in 3 and Panama in 1.

Head to head by decade

Decade Latvia, Republic of Panama Difference Ahead
1990s 29,103 constant 2021 PPP $ 33,288 constant 2021 PPP $ 4,185 constant 2021 PPP $ Panama
2000s 49,546 constant 2021 PPP $ 41,561 constant 2021 PPP $ 7,986 constant 2021 PPP $ Latvia, Republic of
2010s 66,318 constant 2021 PPP $ 64,187 constant 2021 PPP $ 2,131 constant 2021 PPP $ Latvia, Republic of
2020s 77,841 constant 2021 PPP $ 75,655 constant 2021 PPP $ 2,186 constant 2021 PPP $ Latvia, Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per person employed, Latvia, Republic of or Panama?
Panama, at 81,808 constant 2021 PPP $ against 80,906 constant 2021 PPP $ in Latvia, Republic of as of 2025.
What is the difference in gdp per person employed between Latvia, Republic of and Panama?
902 constant 2021 PPP $, with Panama ahead.
How many years of comparable data are there for Latvia, Republic of and Panama?
35 years are reported by both, from 1991 to 2025.
How do Latvia, Republic of and Panama rank globally for gdp per person employed?
Latvia, Republic of ranks 52nd and Panama ranks 51st of 177 countries.
Where does this data come from?
Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,, published as GDP per person employed (constant 2021 PPP $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia, Republic of vs Panama: GDP per person employed. Statizoid, drawing on Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,. Retrieved 18 August 2026, from https://labour.statizoid.com/compare/gdp-per-person-employed-constant-2021-ppp/latvia/panama/

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About this data

Indicator
GDP per person employed (constant 2021 PPP $)
Unit
constant 2021 PPP $
Source
Staff estimates, World Bank (WB), note: Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat,
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
224 places, 7,764 data points, 1991–2025
Last refreshed

GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2021 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.