Latvia vs Panama: PPP conversion factor, GDP

Latvia
0.4921 LCU per international $
in 2024
Panama
0.4614 LCU per international $
in 2024
Latvia rank
190th
Panama rank
191st

PPP conversion factor, GDP over time

  • Latvia
  • Panama
00.20.40.6199020072024

How they compare

Latvia currently reports 0.4921 LCU per international $ against 0.4614 LCU per international $ in Panama, a difference of 0.0307 LCU per international $.

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

The two have swapped places 5 times across 35 shared years of data; in 1990 it was Panama ahead.

Latvia ranks 190th and Panama ranks 191st of 201 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 0.2237 LCU per international $ 0.5122 LCU per international $ 0.2885 LCU per international $ Panama
2000s 0.4442 LCU per international $ 0.4888 LCU per international $ 0.0445 LCU per international $ Panama
2010s 0.4925 LCU per international $ 0.5226 LCU per international $ 0.0301 LCU per international $ Panama
2020s 0.4816 LCU per international $ 0.4805 LCU per international $ 0.0012 LCU per international $ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppp conversion factor, gdp, Latvia or Panama?
Latvia, at 0.4921 LCU per international $ against 0.4614 LCU per international $ in Panama as of 2024.
What is the difference in ppp conversion factor, gdp between Latvia and Panama?
0.0307 LCU per international $, with Latvia ahead.
How many years of comparable data are there for Latvia and Panama?
35 years are reported by both, from 1990 to 2024.
How do Latvia and Panama rank globally for ppp conversion factor, gdp?
Latvia ranks 190th and Panama ranks 191st of 201 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Panama: PPP conversion factor, GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/compare/ppp-conversion-factor-gdp-lcu-per-international-2/latvia/panama/

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
203 places, 6,834 data points, 1990–2024
Last refreshed

February 2026 Data Release