Latvia vs Panama: GDP per person employed (constant 2021 PPP $)
Latvia
80,906 constant 2021 PPP $
in 2025
Panama
81,808 constant 2021 PPP $
in 2025
Latvia rank
52nd
Panama rank
51st
GDP per person employed (constant 2021 PPP $) over time
- Latvia
- Panama
How they compare
Panama currently reports 81,808 constant 2021 PPP $ against 80,906 constant 2021 PPP $ in Latvia, 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 ahead.
Latvia ranks 52nd and Panama ranks 51st of 177 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Panama in 1.
Head to head by decade
| Decade | Latvia | 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 |
| 2010s | 66,318 constant 2021 PPP $ | 64,187 constant 2021 PPP $ | 2,131 constant 2021 PPP $ | Latvia |
| 2020s | 77,841 constant 2021 PPP $ | 75,655 constant 2021 PPP $ | 2,186 constant 2021 PPP $ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per person employed, Latvia or Panama?
- Panama, at 81,808 constant 2021 PPP $ against 80,906 constant 2021 PPP $ in Latvia as of 2025.
- What is the difference in gdp per person employed between Latvia and Panama?
- 902 constant 2021 PPP $, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 35 years are reported by both, from 1991 to 2025.
- How do Latvia and Panama rank globally for gdp per person employed?
- Latvia 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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About this data
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.