Country comparison Luxembourg vs Panama

Subscribe to our free email alert service
 
Gouvernement
Qu. GDP Per Capita [+]2024Q330,943K
Annual GDP [+]2023€79,310Mchart€77,054M2023Annual GDP [+]
Annual GDP [+]2023$85,755Mchart$83,318M2023Annual GDP [+]
GDP per capita [+]2023€118,770chart€17,3042023GDP per capita [+]
GDP per capita [+]2023$129,810chart$18,7112023GDP per capita [+]
Quarterly GDP [+]2024Q3€20,795M
Debt (M.€.) [+]202320,262chart40,3862023Debt (M.€.) [+]
Debt ($M) [+]202322,020chart43,6812023Debt ($M) [+]
Debt (%GDP) [+]202325.50%chart52.39%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€30,150chart€9,0692023Debt Per Capita [+]
Debt Per Capita [+]2023$32,765chart$9,8092023Debt Per Capita [+]
Deficit (M.€) [+]2023-552chart-2,3022023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,074chart-2,4902023Deficit ($M) [+]
Deficit (%GDP) [+]2023-0.70%chart-2.99%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202337,968.0chart16,250.32023Expenditure (M.€) [+]
Expenditure ($M) [+]202341,256.8chart17,576.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20223,646.2chart2,822.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,839.6chart2,576.52022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.74%chart11.92%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,941,302,000.0chart3,457.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,322.0chart3,640.82022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202310.48%chart22.23%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023594.1chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023642.4chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20231.62%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202347.90%chart21.08%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€56,496chart€3,6492023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$61,390chart$3,9472023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,564chart€6422022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,954chart$6772022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€5,891chart€7862022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$6,540chart$8272022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€890chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$972chart$02020Defence Expenditure P.C. [+]
Moody's Rating [+]02/07/2025AaaBaa311/29/2024Moody's Rating [+]
S&P Rating [+]04/28/1994AAABBB-11/26/2024S&P Rating [+]
Fitch Rating [+]03/06/2020AAABBB-02/03/2021Fitch Rating [+]
Corruption Index [+]202378chart352023Corruption Index [+]
Competitiveness Ranking [+]201918ºchart66º2019Competitiveness Ranking [+]
Fragile States Index [+]202418.7chart47.72024Fragile States Index [+]
RTI Raking [+]2024117ºchart56º2024RTI Raking [+]
Innovation Ranking [+]202420ºchart82º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.4%
Unemployment rate [+]2024Q46.8%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2024Q424Kchart87K2017Q1Unemployed [+]
NMW [+]2025$2,740.6chart$482.22024NMW [+]
NMW [+]2025€2,638.0chart€436.42024NMW [+]
Average Wage [+]2023$79,387
Average Wage [+]2023€73,418
Human Capital Ranking [+]201730ºchart56º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/24/20250.9239
Stock ExchangeYTD % [+]03/24/202521.35%chart3.27%03/24/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20251.7%chart-0.2%December 2024CPI (overall index) [+]
HICP [+]February 20251.9%
PPI Year on Year [+]January 2025-4.7%
Money Market
Key rates [+]03/12/20252.65%
Business
Doing Business [+]202072ºchart86º2020Doing Business [+]
IPI Year on Year [+]January 20251.8%
Passengers vehicles Year [+]December 202489,727chart39,049December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202271.86chart11.12December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021775.27chart170.402015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202342.4%chart13.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201517.00%chart7.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,013,000chart1,488,0002022Annual arrivals [+]
Exports [+]2024€14,985.2Mchart€15,479.8M2023Exports [+]
Exports [+]2024$16,218.1Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]202320.05%chart20.09%2023Exports % GDP [+]
Imports [+]2024€23,196.9Mchart€31,706.8M2023Imports [+]
Imports [+]2024$25,096.7Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202330.67%chart41.15%2023Imports % GDP [+]
Trade balance [+]2024€-8,211.6Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2024$-8,878.7Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]2023-10.62%chart-21.06%2023Trade balance % GDP [+]
Retail Sales YoY [+]January 202511.0%
Socio-Demography
Global AgeWatch Ranking [+]201519ºchart20º2015Global AgeWatch Ranking [+]
Density [+]2023259chart592023Density [+]
Global Peace Ranking [+]2023-1ºchart96º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰
Remittance received ($M) [+]20171,746.1chart533.02017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart7.32%2020% Immigrant [+]
% Emigrant [+]202012.88%chart3.26%2020% Emigrant [+]
Birth Rate [+]20239.50‰chart17.40‰2022Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart451.22017Remittance sent ($M) [+]
Crude death rate [+]20236.60‰chart5.90‰2022Crude death rate [+]
Fertility Rate [+]20231.25chart2.302022Fertility Rate [+]
Crude marriage rate [+]20233.80‰
% risk of poverty [+]202418.1%chart21.8%2021% risk of poverty [+]
Population [+]2023672,050chart4,453,0002023Population [+]
Immigrant stock [+]2020298,062chart313,1652020Immigrant stock [+]
Emigrant stock [+]202081,757chart139,5202020Emigrant stock [+]
HDI [+]20220.927chart0.8202022HDI [+]
Gender Gap Ranking [+]202446ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202383.40chart76.832022Life expectancy [+]
Suicides [+]202348chart2162015Suicides [+]
Suicide rate [+]20237.14chart5.442015Suicide rate [+]
Number of homicides [+]202210chart4992022Number of homicides [+]
Rate Homicides per 100.000 [+]20221.53chart11.342022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202311.18chart3.292023CO2 Tons per capita [+]
Consumption GWh [+]20235,870chart11,7772023Consumption GWh [+]
Generation GWh [+]2023810chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20241,000chart8,74808/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024393,542chart1,044,82108/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart3,174,15505/12/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,487.98chart1,964.5208/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart8,893,00105/12/2023Doses administered [+]
Luxembourg
Panama