Latvia vs Panama: Output per worker, GDP constant 2015 US $

Latvia
38,183
in 2027
Panama
40,159
in 2027
Latvia rank
56th
Panama rank
54th

Output per worker, GDP constant 2015 US $ over time

  • Latvia
  • Panama
10.0k20.0k30.0k40.0k199120092027

How they compare

Panama currently reports 40,159 against 38,183 in Latvia, a difference of 1,976.

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

The two have swapped places 4 times across 37 shared years of data; in 1991 it was Panama ahead.

Latvia ranks 56th and Panama ranks 54th of 188 countries.

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

Head to head by decade

Decade Latvia Panama Difference Ahead
1990s 12,669 16,545 3,875 Panama
2000s 21,563 19,553 2,010 Latvia
2010s 28,867 30,198 1,331 Panama
2020s 35,173 36,603 1,430 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher output per worker, gdp constant 2015 us $, Latvia or Panama?
Panama, at 40,159 against 38,183 in Latvia as of 2027.
What is the difference in output per worker, gdp constant 2015 us $ between Latvia and Panama?
1,976, with Panama ahead.
How many years of comparable data are there for Latvia and Panama?
37 years are reported by both, from 1991 to 2027.
How do Latvia and Panama rank globally for output per worker, gdp constant 2015 us $?
Latvia ranks 56th and Panama ranks 54th of 188 countries.
Where does this data come from?
International Labour Organization, published as Output per worker, GDP constant 2015 US $ (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Panama: Output per worker, GDP constant 2015 US $. Statizoid, drawing on International Labour Organization. Retrieved 03 September 2026, from https://labour.statizoid.com/compare/output-per-worker-gdp-constant-2015-us-ilo-modelled-estimates/latvia/panama/

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About this data

Indicator
Output per worker, GDP constant 2015 US $ (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

This measure of labour productivity is calculated using data on GDP in constant 2015 US dollars derived from the World Development Indicators database of the World Bank. To compute labour productivity as GDP per worker, ILO estimates for total employment are used. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.