Statement:
Panama has higher GDP than Libya

In the Richest countries rating Panama holds position #66 ²⁰²⁰ out of 191 and Libya is #83 out of 191 ²⁰²⁰.
Position of Panama is better than position of Libya.

Referencies:

1. Richest countries ²⁰²⁰ by World Bank

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

   Libya	'GDP per capita (current US$)' value is	7,614.33
   Panama	'GDP per capita (current US$)' value is	12,509.84