Statement:
Panama has lower GDP than Italy

In the Richest countries rating Panama holds position #66 ²⁰²⁰ out of 191 and Italy is #32 out of 191 ²⁰²⁰.
Position of Panama is worse than position of Italy.

Referencies:

1. Richest countries ²⁰²⁰ by World Bank

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

   Italy	'GDP per capita (current US$)' value is	31,834.97
   Panama	'GDP per capita (current US$)' value is	12,509.84