Statement:
Panama has higher GDP than Somalia

In the Richest countries rating Panama holds position #66 2020 out of 191 and Somalia is #190 out of 191 2020.
Position of Panama is better than position of Somalia.

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
    Somalia 'GDP per capita (current US$)' value is 438.26