Statement:
Palau has lower GDP than Latvia

In the Richest countries rating Palau holds position #60 ²⁰²⁰ out of 191 and Latvia is #52 out of 191 ²⁰²⁰.
Position of Palau is worse than position of Latvia.

Referencies:

1. Richest countries ²⁰²⁰ by World Bank

   The countries in the rating sorted by 'GDP per capita (current US$)' in descending order.

   Latvia	'GDP per capita (current US$)' value is	17,703.95
   Palau	'GDP per capita (current US$)' value is	14,243.86