Country comparison Luxembourg vs Panama

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20240.4%chart2.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q332,739K
Annual GDP [+]2024€86,180Mchart€79,963M2024Annual GDP [+]
Annual GDP [+]2024$93,280Mchart$86,524M2024Annual GDP [+]
GDP per capita [+]2024€127,030chart€17,7322024GDP per capita [+]
GDP per capita [+]2024$138,757chart$19,1872024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,327M
Debt (M.€.) [+]202422,649chart45,8832024Debt (M.€.) [+]
Debt ($M) [+]202424,514chart49,6482024Debt ($M) [+]
Debt (%GDP) [+]202426.30%chart57.38%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€33,211chart€10,3042024Debt Per Capita [+]
Debt Per Capita [+]2024$35,946chart$11,1492024Debt Per Capita [+]
Deficit (M.€) [+]2024766chart-5,9292024Deficit (M.€) [+]
Deficit ($M) [+]2024961chart-6,4162024Deficit ($M) [+]
Deficit (%GDP) [+]20240.90%chart-7.42%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202440,368.7chart18,508.32024Expenditure (M.€) [+]
Expenditure ($M) [+]202443,704.4chart20,027.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20222,843.7chart1,915.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,025.6chart2,059.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20228.45%chart16.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20244,351,675,000.0chart3,290.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20244,772.5chart3,557.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202410.92%chart19.85%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024829.6chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024898.0chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20241.99%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202446.80%chart23.15%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€59,194chart€4,1562024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$64,085chart$4,4972024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,340chart€4302023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,643chart$4652023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,475chart€7382023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$7,101chart$7982023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,223chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,336chart$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 [+]December 20256.9%
Unemployment rate [+]2025Q36.2%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2025Q322Kchart87K2017Q1Unemployed [+]
NMW [+]2026$3,177.2chart$482.22024NMW [+]
NMW [+]2026€2,704.0chart€436.42024NMW [+]
Average Wage [+]2024$80,416
Average Wage [+]2024€74,296
Human Capital Ranking [+]201730ºchart56º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]02/17/20260.8456
Stock ExchangeYTD % [+]02/16/202613.78%chart16.20%02/13/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.1%chart-0.4%August 2025CPI (overall index) [+]
HICP [+]December 20253.3%
PPI Year on Year [+]December 2025-5.6%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202072ºchart86º2020Doing Business [+]
IPI Year on Year [+]December 2025-7.9%
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) [+]202442.7%chart11.9%2023Tax 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 [+]2025€16,253.4Mchart€15,479.8M2023Exports [+]
Exports [+]2025$18,366.0Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]202417.37%chart19.98%2023Exports % GDP [+]
Imports [+]2025€24,893.6Mchart€31,706.8M2023Imports [+]
Imports [+]2025$28,129.3Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202427.95%chart40.92%2023Imports % GDP [+]
Trade balance [+]2025€-8,640.2Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2025$-9,763.3Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]2024-10.58%chart-20.94%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 202510.4%
Socio-Demography
Global AgeWatch Ranking [+]201519ºchart20º2015Global AgeWatch Ranking [+]
Density [+]2024263chart592023Density [+]
Global Peace Ranking [+]2023-1ºchart96º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰
Remittance received ($M) [+]20171,746.1chart533.02017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart7.32%2020% Immigrant [+]
% Emigrant [+]202012.88%chart3.26%2020% Emigrant [+]
Birth Rate [+]20249.50‰chart16.03‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart451.22017Remittance sent ($M) [+]
Crude death rate [+]20246.60‰chart4.77‰2023Crude death rate [+]
Fertility Rate [+]20231.25chart2.122023Fertility Rate [+]
Crude marriage rate [+]20233.80‰
% risk of poverty [+]202418.1%chart21.7%2023% risk of poverty [+]
Population [+]2024681,973chart4,453,0002023Population [+]
Immigrant stock [+]2020298,062chart313,1652020Immigrant stock [+]
Emigrant stock [+]202081,757chart139,5202020Emigrant stock [+]
HDI [+]20220.927chart0.8202022HDI [+]
Gender Gap Ranking [+]202446ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202483.50chart79.592023Life expectancy [+]
Suicides [+]202456chart2162015Suicides [+]
Suicide rate [+]20248.21chart5.442015Suicide rate [+]
Number of homicides [+]202210chart5222023Number of homicides [+]
Rate Homicides per 100.000 [+]20221.53chart11.712023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202311.18chart3.292023CO2 Tons per capita [+]
Consumption GWh [+]20235,862chart11,7772023Consumption GWh [+]
Generation GWh [+]2023801chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20261,000chart8,83001/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026401,149chart1,045,65201/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart3,178,70012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,466.33chart1,982.9301/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart9,201,27612/29/2023Doses administered [+]
Luxembourg
Panama