Country comparison Colombia vs Panama

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Gouvernement
GDP Growth (%) [+]20241.6%chart2.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q21,808K
Annual GDP [+]2024€387,058Mchart€79,963M2024Annual GDP [+]
Annual GDP [+]2024$418,818Mchart$86,524M2024Annual GDP [+]
GDP per capita [+]2024€7,345chart€17,7322024GDP per capita [+]
GDP per capita [+]2024$7,948chart$19,1872024GDP per capita [+]
Quarterly GDP [+]2025Q2€95,291M
Debt (M.€.) [+]2024237,020chart45,8832024Debt (M.€.) [+]
Debt ($M) [+]2024256,468chart49,6482024Debt ($M) [+]
Debt (%GDP) [+]202461.24%chart57.38%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€4,498chart€10,3042024Debt Per Capita [+]
Debt Per Capita [+]2024$4,867chart$11,1492024Debt Per Capita [+]
Deficit (M.€) [+]2024-24,176chart-5,9292024Deficit (M.€) [+]
Deficit ($M) [+]2024-26,160chart-6,4162024Deficit ($M) [+]
Deficit (%GDP) [+]2024-6.25%chart-7.42%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024134,102.6chart18,508.32024Expenditure (M.€) [+]
Expenditure ($M) [+]2024145,106.4chart20,027.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202110,550.0chart1,915.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202112,486.2chart2,059.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202111.55%chart16.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202422,711,029,540.9chart3,457.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202319,639.4chart3,640.82022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202315.42%chart22.23%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20239,729.8chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202310,523.5chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20238.31%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202434.65%chart23.15%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,545chart€4,1562024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,754chart$4,4972024Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€206chart€4302023Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$244chart$4652023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€455chart€7862022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$375chart$8272022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€186chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$202chart$02020Defence Expenditure P.C. [+]
Moody's Rating [+]06/26/2025Baa3Baa311/29/2024Moody's Rating [+]
S&P Rating [+]06/26/2025BBBBB-11/26/2024S&P Rating [+]
Fitch Rating [+]07/01/2021BB+BBB-02/03/2021Fitch Rating [+]
Corruption Index [+]202340chart352023Corruption Index [+]
Competitiveness Ranking [+]201957ºchart66º2019Competitiveness Ranking [+]
Fragile States Index [+]202475.6chart47.72024Fragile States Index [+]
RTI Raking [+]202436ºchart56º2024RTI Raking [+]
Innovation Ranking [+]202461ºchart82º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]September 20239.3%
Unemployment rate [+]2024Q48.3%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2024Q42,128Kchart87K2017Q1Unemployed [+]
NMW [+]2024$340.1chart$482.22024NMW [+]
NMW [+]2024€307.9chart€436.42024NMW [+]
Average Wage [+]2022$9,545
Average Wage [+]2023€9,491
Human Capital Ranking [+]201768ºchart56º2017Human Capital Ranking [+]
Markets
Euro / Colombian pesos [+]05/11/20254,776.9763
US Dollar exchange rate [+]11/10/20253,779.2000
Stock ExchangeYTD % [+]11/08/202550.21%chart16.31%11/07/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]September 20255.2%chart-0.2%December 2024CPI (overall index) [+]
PPI Year on Year [+]May 2023-1.4%
Money Market
Key rates [+]05/02/20259.25%
Business
Doing Business [+]202067ºchart86º2020Doing Business [+]
Passengers vehicles Year [+]December 2023144,633chart39,049December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20233.24chart11.12December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2020112.28chart170.402015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202322.2%chart13.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201719.00%chart7.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202239.0%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20224,519,000chart1,488,0002022Annual arrivals [+]
Exports [+]2023€45,819.8Mchart€15,479.8M2023Exports [+]
Exports [+]2023$49,544.9Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]202313.53%chart19.98%2023Exports % GDP [+]
Imports [+]2023€58,075.1Mchart€31,706.8M2023Imports [+]
Imports [+]2023$62,796.6Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202317.15%chart40.92%2023Imports % GDP [+]
Trade balance [+]2023€-12,255.4Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2023$-13,251.7Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]2023-3.62%chart-20.94%2023Trade balance % GDP [+]
Retail Sales YoY [+]April 20238.5%
Socio-Demography
Global AgeWatch Ranking [+]201536ºchart20º2015Global AgeWatch Ranking [+]
Density [+]202446chart592023Density [+]
Global Peace Ranking [+]2024146ºchart96º2024Global Peace Ranking [+]
Remittance received ($M) [+]20175,636.4chart533.02017Remittance received ($M) [+]
% Immigrant [+]20203.78%chart7.32%2020% Immigrant [+]
% Emigrant [+]20206.00%chart3.26%2020% Emigrant [+]
Birth Rate [+]202313.48‰chart16.03‰2023Birth Rate [+]
Remittance sent ($M) [+]2017281.2chart451.22017Remittance sent ($M) [+]
Crude death rate [+]20235.40‰chart4.77‰2023Crude death rate [+]
Fertility Rate [+]20231.65chart2.122023Fertility Rate [+]
% risk of poverty [+]202431.8%chart21.7%2023% risk of poverty [+]
Population [+]202452,696,000chart4,453,0002023Population [+]
Immigrant stock [+]20201,905,393chart313,1652020Immigrant stock [+]
Emigrant stock [+]20203,024,273chart139,5202020Emigrant stock [+]
HDI [+]20220.758chart0.8202022HDI [+]
Gender Gap Ranking [+]202445ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202377.73chart79.592023Life expectancy [+]
Suicides [+]20213,047chart2162015Suicides [+]
Suicide rate [+]20216.00chart5.442015Suicide rate [+]
Number of homicides [+]202313,035chart5222023Number of homicides [+]
Rate Homicides per 100.000 [+]202324.91chart11.712023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20231.97chart3.292023CO2 Tons per capita [+]
Annual crude oil production [+]2024773
Crude Oil Reserves [+]20212,036.0
Consumption GWh [+]202382,721chart11,7772023Consumption GWh [+]
Generation GWh [+]202390,427chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]09/28/2025142,791chart8,79909/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/28/20256,401,281chart1,045,45809/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/29/202337,204,130chart3,178,70012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/28/20252,709.71chart1,975.9709/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/29/202390,931,190chart9,201,27612/29/2023Doses administered [+]
Colombia
Panama