Statement:
Serbia has lower GDP than Latvia

In the Richest countries rating Serbia holds position #81 2020 out of 191 and Latvia is #52 out of 191 2020.
Position of Serbia is worse than position of Latvia.

Referencies:

  1. 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
    Serbia 'GDP per capita (current US$)' value is 7,730.69