Statement:
Panama has lower GDP than Singapore

In the Richest countries rating Panama holds position #66 ²⁰²⁰ out of 191 and Singapore is #10 out of 191 ²⁰²⁰.
Position of Panama is worse than position of Singapore.

Referencies:

1. Richest countries ²⁰²⁰ by World Bank

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

   Panama	'GDP per capita (current US$)' value is	12,509.84
   Singapore	'GDP per capita (current US$)' value is	60,729.45