Statement:
Latvia has lower GDP than Spain
In the Richest countries rating
Latvia holds position #52 2020
out of 191 and Spain is #37 out of 191 2020.
Position of Latvia is worse than position of Spain.
Referencies:
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Richest countries 2020 by World BankThe countries in the rating sorted by 'GDP per capita (current US$)' in descending order.
Latvia 'GDP per capita (current US$)' value is 17,703.95 Spain 'GDP per capita (current US$)' value is 27,056.42