Latvia vs Panama: Goods and services expense

Latvia
1.47 billion current LCU
in 2024
Panama
1.43 billion current LCU
in 2024
Latvia rank
129th
Panama rank
130th

Goods and services expense over time

  • Latvia
  • Panama
0500.0M1.0B1.5B199420092024

How they compare

Latvia currently reports 1.47 billion current LCU against 1.43 billion current LCU in Panama, a difference of 36.15 million current LCU.

The two have swapped places 1 time across 11 shared years of data; in 2014 it was Panama ahead.

Latvia ranks 129th and Panama ranks 130th of 155 countries.

Across the 2 decades both report, Latvia averaged higher in 1 and Panama in 1.

Head to head by decade

Decade Latvia Panama Difference Ahead
2010s 890.26 million current LCU 1.01 billion current LCU 119.78 million current LCU Panama
2020s 1.37 billion current LCU 1.14 billion current LCU 231.03 million current LCU Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Latvia or Panama?
Latvia, at 1.47 billion current LCU against 1.43 billion current LCU in Panama as of 2024.
What is the difference in goods and services expense between Latvia and Panama?
36.15 million current LCU, with Latvia ahead.
How many years of comparable data are there for Latvia and Panama?
11 years are reported by both, from 2014 to 2024.
How do Latvia and Panama rank globally for goods and services expense?
Latvia ranks 129th and Panama ranks 130th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.