Yes, meridians (on which latitude is measured) being a special case of great circle routes that happen to pass through the poles. That said, as a practical matter, you are more frequently contemplating a chart of smaller scale than "globe" so you're usually counting up distance between fixes, or distance to next turn in a harbor, or some such thing, where you have a compass in hand and just need to set the compass to the length of a mile. The nearest latitude tick marks are quite handy for that.