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Population in Latvia compared to Panama: Trends, Charts, Rankings

Updated on by Georank team

The latest officially reported population of Latvia was 1,866,124 in 2024 vs 4,515,577 people in Panama in 2024. In 2026, based on the adjusted UN estimation, the current Latvia's population is 1,829,763 people compared to 4,642,198 in Panama.

Population statistics:

  • Panama's population is 2.54 times bigger than Latvia's.
  • Latvia is ranked the 149th most populous country in the world, while Panama is the 128th.
  • The countries together account for 0.08% of the world: 0.02% for Latvia vs 0.06% for Panama.
  • For the last 10 years, Latvia has had an average growth rate of -0.68% per year vs +1.52% in Panama.
  • Since 2006, the population of Latvia has decreased from 2.22M people to 1.83M (17.5% decline), while Panama has grown from 3.38M to 4.64M (37.5% growth).

Latvia vs Panama: population by year and forecast

Latvia
Factual

Projection
Panama
Factual

Projection
1x
Year Population
Latvia Panama
2100 923,408 5,947,731
2099 932,882 5,958,919
2098 942,357 5,969,676
2097 951,702 5,979,860
2096 961,114 5,989,615
2095 970,470 5,998,960
2094 979,811 6,007,655
2093 989,107 6,015,893
2092 998,497 6,023,482
2091 1,007,961 6,030,584
2090 1,017,465 6,037,116
2089 1,026,994 6,043,194
2088 1,036,657 6,048,506
2087 1,046,527 6,053,252
2086 1,056,483 6,057,347
2085 1,066,499 6,060,940
2084 1,076,818 6,063,735
2083 1,087,423 6,065,863
2082 1,098,154 6,067,171
2081 1,109,075 6,067,635
2080 1,120,211 6,067,317
2079 1,131,602 6,066,164
2078 1,143,002 6,064,127
2077 1,154,458 6,061,297
2076 1,166,122 6,057,645
2075 1,177,964 6,053,134
2074 1,189,889 6,047,620
2073 1,201,798 6,041,318
2072 1,213,804 6,034,065
2071 1,226,159 6,026,051
2070 1,238,635 6,017,288
2069 1,251,199 6,007,621
2068 1,264,197 5,997,109
2067 1,277,382 5,985,932
2066 1,290,492 5,973,853
2065 1,304,082 5,961,039
2064 1,317,729 5,947,320
2063 1,331,316 5,932,822
2062 1,344,939 5,917,367
2061 1,358,659 5,900,972
2060 1,372,730 5,883,654
2059 1,386,684 5,865,433
2058 1,400,736 5,846,037
2057 1,414,911 5,825,696
2056 1,429,035 5,804,369
2055 1,442,863 5,781,900
2054 1,456,686 5,758,339
2053 1,470,334 5,733,538
2052 1,483,843 5,707,562
2051 1,496,515 5,680,231
2050 1,509,248 5,651,617
2049 1,521,989 5,621,841
2048 1,534,656 5,590,701
2047 1,547,203 5,558,382
2046 1,559,641 5,524,843
2045 1,572,396 5,490,228
2044 1,584,822 5,454,371
2043 1,597,317 5,417,316
2042 1,609,668 5,379,169
2041 1,622,468 5,339,872
2040 1,635,132 5,299,492
2039 1,648,215 5,257,983
2038 1,661,175 5,215,284
2037 1,674,137 5,171,497
2036 1,687,461 5,126,814
2035 1,700,759 5,081,210
2034 1,714,411 5,034,708
2033 1,728,562 4,987,247
2032 1,742,976 4,938,646
2031 1,757,310 4,889,260
2030 1,772,264 4,838,970
2029 1,786,824 4,787,654
2028 1,801,228 4,735,214
2027 1,815,599 4,681,847
2026 1,829,763 4,627,497
2025 1,850,593 4,572,106
2024 1,866,124 4,515,577
2023 1,883,710 4,458,759
2022 1,879,383 4,400,773
2021 1,884,490 4,345,405
2020 1,900,449 4,293,261
2019 1,913,822 4,234,700
2018 1,927,174 4,167,860
2017 1,942,248 4,098,707
2016 1,959,537 4,029,086
2015 1,977,527 3,960,035
2014 1,993,782 3,892,101
2013 2,012,647 3,825,329
2012 2,034,319 3,759,256
2011 2,059,709 3,693,505
2010 2,097,555 3,628,535
2009 2,141,669 3,564,381
2008 2,177,322 3,500,648
2007 2,200,325 3,437,490
2006 2,218,357 3,375,024
2005 2,238,799 3,313,026
2004 2,263,122 3,251,155
2003 2,287,955 3,189,807
2002 2,310,173 3,129,344
2001 2,337,170 3,069,537
2000 2,367,550 3,010,369
1999 2,390,482 2,951,822
1998 2,410,019 2,893,914
1997 2,432,851 2,836,695
1996 2,457,222 2,780,227
1995 2,485,056 2,724,557
1994 2,520,742 2,669,546
1993 2,563,290 2,615,099
1992 2,614,338 2,561,336
1991 2,650,581 2,508,265
1990 2,663,151 2,455,583
1989 2,666,955 2,403,820
1988 2,653,434 2,352,848
1987 2,626,583 2,301,970
1986 2,599,892 2,251,325
1985 2,578,873 2,200,915
1984 2,562,047 2,150,782
1983 2,546,011 2,101,106
1982 2,531,080 2,052,271
1981 2,519,421 2,004,418
1980 2,511,701 1,957,534
1979 2,505,953 1,911,552
1978 2,497,921 1,866,311
1977 2,485,073 1,821,543
1976 2,470,989 1,776,935
1975 2,456,130 1,732,389
1974 2,437,186 1,687,926
1973 2,415,819 1,643,690
1972 2,395,674 1,599,723
1971 2,376,389 1,556,081
1970 2,359,164 1,513,070
1969 2,343,173 1,470,886
1968 2,323,619 1,429,447
1967 2,301,220 1,388,628
1966 2,283,217 1,348,388
1965 2,265,919 1,308,835
1964 2,240,623 1,270,065
1963 2,210,919 1,232,124
1962 2,181,586 1,195,301
1961 2,152,681 1,159,870
1960 2,120,979 1,126,005

Data sources: United Nations | World Population Prospects (2025–2100, retrieved 2026-03-10); World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/population/latvia/panama | CC BY

From 2006 to 2016, the population of Latvia decreased by 258,820 people (a 11.7% decline), while Panama gained 654,062 people (a 19.4% growth).

For the next 10 years, from 2016 to 2026, Latvia lost 129,774 people (a 6.62% decline), while Panama's population increased by 613,112 people (a 15.2% growth).

Latvia was ranked 140th most populous country in 2006 and is 149th in 2026. Panama was ranked 128th in 2006 and still ranked 128th now.

The UN's World Population Prospects forecasts that in 24 years (in 2050) Latvia's population will shrink by 17.5% to 1,509,248 people with a rank change from 149th to 155th. The population of Panama will increase by 21.7% to 5,651,617 people and rank change from 128th to 124th.

Panama is projected to reach its peak in 2081 at 6.07M people, while Latvia's population already peaked in 1989 at 2.67M people and is projected to decrease to 923K people by 2100.

Population growth rate by year

Latvia
Factual

Projection
Panama
Factual

Projection
1x
Year Growth rate
Latvia Panama
2100 -1.02% -0.19%
2099 -1.01% -0.18%
2098 -0.98% -0.17%
2097 -0.98% -0.16%
2096 -0.96% -0.16%
2095 -0.95% -0.14%
2094 -0.94% -0.14%
2093 -0.94% -0.13%
2092 -0.94% -0.12%
2091 -0.93% -0.11%
2090 -0.93% -0.1%
2089 -0.93% -0.09%
2088 -0.94% -0.08%
2087 -0.94% -0.07%
2086 -0.94% -0.06%
2085 -0.96% -0.05%
2084 -0.98% -0.04%
2083 -0.98% -0.02%
2082 -0.98% -0.008%
2081 -0.99% 0.005%
2080 -1.01% 0.02%
2079 -1% 0.03%
2078 -0.99% 0.05%
2077 -1% 0.06%
2076 -1.01% 0.07%
2075 -1% 0.09%
2074 -0.99% 0.1%
2073 -0.99% 0.12%
2072 -1.01% 0.13%
2071 -1.01% 0.15%
2070 -1% 0.16%
2069 -1.03% 0.18%
2068 -1.03% 0.19%
2067 -1.02% 0.2%
2066 -1.04% 0.21%
2065 -1.04% 0.23%
2064 -1.02% 0.24%
2063 -1.01% 0.26%
2062 -1.01% 0.28%
2061 -1.03% 0.29%
2060 -1.01% 0.31%
2059 -1% 0.33%
2058 -1% 0.35%
2057 -0.99% 0.37%
2056 -0.96% 0.39%
2055 -0.95% 0.41%
2054 -0.93% 0.43%
2053 -0.91% 0.46%
2052 -0.85% 0.48%
2051 -0.84% 0.51%
2050 -0.84% 0.53%
2049 -0.83% 0.56%
2048 -0.81% 0.58%
2047 -0.8% 0.61%
2046 -0.81% 0.63%
2045 -0.78% 0.66%
2044 -0.78% 0.68%
2043 -0.77% 0.71%
2042 -0.79% 0.74%
2041 -0.77% 0.76%
2040 -0.79% 0.79%
2039 -0.78% 0.82%
2038 -0.77% 0.85%
2037 -0.79% 0.87%
2036 -0.78% 0.9%
2035 -0.8% 0.92%
2034 -0.82% 0.95%
2033 -0.83% 0.98%
2032 -0.82% 1.01%
2031 -0.84% 1.04%
2030 -0.81% 1.07%
2029 -0.8% 1.11%
2028 -0.79% 1.14%
2027 -0.77% 1.17%
2026 -1.13% 1.21%
2025 -0.83% 1.25%
2024 -0.93% 1.27%
2023 0.23% 1.32%
2022 -0.27% 1.27%
2021 -0.84% 1.21%
2020 -0.7% 1.38%
2019 -0.69% 1.6%
2018 -0.78% 1.69%
2017 -0.88% 1.73%
2016 -0.91% 1.74%
2015 -0.82% 1.75%
2014 -0.94% 1.75%
2013 -1.07% 1.76%
2012 -1.23% 1.78%
2011 -1.8% 1.79%
2010 -2.06% 1.8%
2009 -1.64% 1.82%
2008 -1.05% 1.84%
2007 -0.81% 1.85%
2006 -0.91% 1.87%
2005 -1.07% 1.9%
2004 -1.09% 1.92%
2003 -0.96% 1.93%
2002 -1.16% 1.95%
2001 -1.28% 1.97%
2000 -0.96% 1.98%
1999 -0.81% 2%
1998 -0.94% 2.02%
1997 -0.99% 2.03%
1996 -1.12% 2.04%
1995 -1.42% 2.06%
1994 -1.66% 2.08%
1993 -1.95% 2.1%
1992 -1.37% 2.12%
1991 -0.47% 2.15%
1990 -0.14% 2.15%
1989 0.51% 2.17%
1988 1.02% 2.21%
1987 1.03% 2.25%
1986 0.82% 2.29%
1985 0.66% 2.33%
1984 0.63% 2.36%
1983 0.59% 2.38%
1982 0.46% 2.39%
1981 0.31% 2.4%
1980 0.23% 2.41%
1979 0.32% 2.42%
1978 0.52% 2.46%
1977 0.57% 2.51%
1976 0.6% 2.57%
1975 0.78% 2.63%
1974 0.88% 2.69%
1973 0.84% 2.75%
1972 0.81% 2.8%
1971 0.73% 2.84%
1970 0.68% 2.87%
1969 0.84% 2.9%
1968 0.97% 2.94%
1967 0.79% 2.98%
1966 0.76% 3.02%
1965 1.13% 3.05%
1964 1.34% 3.08%
1963 1.34% 3.08%
1962 1.34% 3.05%
1961 1.49% 3.01%

Data sources: United Nations | World Population Prospects (2025–2100, retrieved 2026-03-10); World Bank | Health (1961–2024, retrieved 2026-04-06).

GeoRank.org/population/latvia/panama | CC BY

In 2024, the population of Latvia declined by 0.93%, while Panama's population grew by 1.27%.

Live population counters

Latvia Panama
Current population
1829763
4642198
Population rank 149/197 128/197
Percent of world population 0.02% 0.06%
One net population change
29.9 minutes
9.25 minutes
One birth every
36.2 minutes
7.35 minutes
One death every
18.7 minutes
24.7 minutes
Daily growth/decline -48 +156
Annual growth/decline -17,586 +56,818
Annual growth/decline rate -0.93% +1.27%
Population growth rate rank 193/197 83/197
One migration net change every
1.2 hours
1.43 hours
Annual migration change -7,330 +6,151
Net migration rank 125/196 49/196
Foreign-born residents 220,471 477,749
Foreign-born residents rank 108/195 81/195
Foreign-born share of population 11.8% 10.6%
Foreign-born share rank 57/195 63/195

Natural population change vs migration

Latvia
Natural

Migration
Panama
Natural

Migration
1x
Year Population change
Latvia Panama
Natural Migration Natural Migration
2025 - -7,330 - 6,151
2024 - -2,225 - 6,706
2023 -13,563 7,966 50,197 7,262
2022 -14,847 22,027 50,556 7,967
2021 -17,337 -280 46,747 5,473
2020 -11,402 -3,147 46,599 5,473
2019 -8,995 -3,416 54,420 10,623
2018 -9,636 -4,972 57,508 11,130
2017 -7,963 -7,867 58,607 11,059
2016 -6,663 -12,327 59,454 10,109
2015 -6,526 -10,826 59,896 8,648
2014 -6,779 -8,799 60,227 7,105
2013 -8,252 -14,386 60,295 5,926
2012 -9,154 -11,914 60,471 5,447
2011 -9,886 -20,202 60,411 5,167
2010 -10,278 -36,128 59,418 4,953
2009 -7,924 -34,807 59,168 4,765
2008 -6,531 -22,445 58,961 4,568
2007 -9,021 -8,027 58,454 4,330
2006 -10,204 -9,211 58,067 4,087
2005 -10,746 -11,134 58,014 3,843
2004 -11,542 -15,136 58,281 3,596
2003 -11,439 -11,422 57,458 3,352
2002 -12,475 -9,160 57,011 3,099
2001 -13,322 -18,634 56,654 2,856
2000 -11,838 -15,679 56,236 2,602
1999 -13,387 -3,229 55,911 2,341
1998 -15,906 -5,504 55,482 2,084
1997 -14,841 -9,183 55,060 1,820
1996 -14,498 -9,888 54,512 1,533
1995 -17,396 -13,288 54,069 1,221
1994 -17,645 -21,446 53,845 899
1993 -12,560 -32,914 53,591 560
1992 -3,660 -52,180 53,186 182
1991 0 -12,020 53,079 -305
1990 2,929 -13,196 53,451 -854
1989 6,401 -4,960 52,295 -1,368
1988 9,022 15,784 52,767 -1,750
1987 9,981 19,249 52,690 -1,953
1986 10,660 13,972 52,681 -2,136
1985 5,673 12,037 52,573 -2,297
1984 7,430 8,847 52,436 -2,435
1983 8,147 8,115 51,880 -2,518
1982 6,327 8,116 50,858 -2,554
1981 3,779 6,536 50,018 -2,620
1980 3,265 3,099 49,077 -2,701
1979 2,506 3,661 48,362 -2,772
1978 2,997 7,399 47,694 -2,811
1977 3,480 11,992 47,438 -2,792
1976 4,200 8,870 47,307 -2,727
1975 4,913 12,166 47,149 -2,635
1974 6,824 14,420 46,932 -2,531
1973 6,040 15,997 46,540 -2,464
1972 7,666 11,077 46,311 -2,448
1971 8,793 10,846 45,867 -2,454
1970 7,785 12,494 45,075 -2,476
1969 6,561 13,718 44,278 -2,510
1968 7,668 13,465 43,641 -2,528
1967 7,825 14,177 43,054 -2,528
1966 8,677 13,465 42,457 -2,500
1965 8,384 13,218 41,604 -2,454
1964 12,100 13,010 40,806 -2,418
1963 11,055 12,308 39,872 -2,380
1962 11,562 12,344 38,537 -2,377
1961 14,207 12,364 37,100 -2,394
1960 14,211 11,420 35,431 -2,409

Data sources: World Bank | Health (1960–2025, retrieved 2026-04-06).

GeoRank.org/population/latvia/panama | CC BY

Over the last 10 years, 82.7% of the population change in Latvia is from natural causes (a loss of 103,711 people) and 17.3% is from migration (a loss of 21,641 people). In Panama 86.5% is from natural causes (a gain of 544,211 people) and 13.5% is from migration (a gain of 84,849 people).

As of 2024, 220,471 residents or 11.8% of the population were not native-born in Latvia, compared to 477,749 people or 10.6% in Panama.

Biggest cities by population

Latvia
City Population
Riga 595K
Daugavpils 78.1K
Liepaja 67.4K
Jelgava 54.8K
Jurmala 52K
Ventspils 32.7K
Rezekne 26.4K
Valmiera 22.8K
Ogre 22.8K
Jekabpils 21K
Panama
City Population
Panama 410K
Colon 242K
Santiago de Veraguas 110K
Tocumen 103K
David 82.9K
La Chorrera 68.9K
Pacora 52.5K
Penonome 21.7K
Balboa 10K
Chitre 9.02K

Compare countries by 7 more topics

Population map with other countries

1x

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06); United Nations | World Population Prospects (1960–2026, retrieved 2026-03-10); U.S. Census Bureau (1960–2025, retrieved 2026-02-08); Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20).

GeoRank.org/population/latvia/panama | CC BY

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1960–2100, retrieved 2026-03-10)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  4. Wikidata (2026, retrieved 2026-02-08)
  5. Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)

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