AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweComparePersonal income tax for employees Mexico vs Panama comparison Mexico Panama GouvernementQu. GDP Per Capita [+]2023Q33,422KAnnual GDP [+]2022€1,390,911M€72,611M2022Annual GDP [+]Annual GDP [+]2022$1,465,850M$76,523M2022Annual GDP [+]GDP per capita [+]2022€10,978€16,5202022GDP per capita [+]GDP per capita [+]2022$11,569$17,4102022GDP per capita [+]Quarterly GDP [+]2023Q3€433,527MDebt (M.€.) [+]2022752,11138,9762022Debt (M.€.) [+]Debt ($M) [+]2022792,63341,0762022Debt ($M) [+]Debt (%GDP) [+]202254.07%53.68%2022Debt (%GDP) [+]Debt Per Capita [+]2022€5,936€8,8682022Debt Per Capita [+]Debt Per Capita [+]2022$6,256$9,3462022Debt Per Capita [+]Deficit (M.€) [+]2022-60,165-2,8522022Deficit (M.€) [+]Deficit ($M) [+]2022-63,407-3,0062022Deficit ($M) [+]Deficit (%GDP) [+]2022-4.33%-3.93%2022Deficit (%GDP) [+]Expenditure (M.€) [+]2022396,815.315,446.82022Expenditure (M.€) [+]Expenditure ($M) [+]2022418,194.916,279.02022Expenditure ($M) [+]Education Expenditure (M.€) [+]201844,015.51,847.42020Education Expenditure (M.€) [+]Education Expenditure ($M) [+]201852,003.82,108.42020Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]201816.58%11.97%2021Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]202239,054,680,864.12,415.72017Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]199810,369.12,728.12017Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]201711.05%20.08%2017Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20228,439.402020Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20228,894.102020Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20222.22%0%2020Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202228.53%21.27%2022Expenditure (%GDP) [+]Expenditure Per Capita [+]2022€3,132€3,5152022Expenditure Per Capita [+]Expenditure Per Capita [+]2022$3,301$3,7042022Expenditure Per Capita [+]Education Expenditure P.C [+]2018€351€4322020Education Expenditure P.C [+]Education Expenditure P.C [+]2018$415$4932020Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€300€5902017Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2017$255$6662017Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€67€02020Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$70$02020Defence Expenditure P.C. [+]Moody's Rating [+]07/08/2022Baa2Baa310/31/2023Moody's Rating [+]S&P Rating [+]07/06/2022BBBBBB11/07/2023S&P Rating [+]Fitch Rating [+]04/15/2020BBB-BBB-02/03/2021Fitch Rating [+]Corruption Index [+]202231362022Corruption Index [+]Competitiveness Ranking [+]201948º66º2019Competitiveness Ranking [+]Fragile States Index [+]201871.549.52018Fragile States Index [+]RTI Raking [+]20222º41º2022RTI Raking [+]Innovation Ranking [+]201856º70º2018Innovation Ranking [+]LabourUnemployment Rate [+]March 20242.3%Unemployment rate [+]2023Q42.7%4.6%2017Q1Unemployment rate [+]Unemployed [+]2023Q41,624K87K2017Q1Unemployed [+]NMW [+]2022$256.3$366.12013NMW [+]NMW [+]2022€227.2€277.42013NMW [+]Average Wage [+]2015$6,671Average Wage [+]2022€7,299Human Capital Ranking [+]201769º56º2017Human Capital Ranking [+]MarketsEuro / Mexican pesos [+]04/29/202418.3202US Dollar exchange rate [+]04/26/202417.155210-Year Bond Yield [+]04/29/202410.38%Risk Premium [+]04/29/2024785Stock ExchangeYTD % [+]04/29/202419.32%0%11/18/2022Stock ExchangeYTD % [+]PricesCPI (overall index) [+]March 20244.4%1.7%March 2024CPI (overall index) [+]PPI Year on Year [+]March 20242.0%Money MarketKey rates [+]03/22/202411.00%BusinessDoing Business [+]201954º86º2020Doing Business [+]IPI Year on Year [+]June 20233.6%Passengers vehicles Year [+]March 2024602,79339,049December 2019Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]March 202411.4511.12December 2019Annual Vehicles/ 1,000 p. [+]Motor vehicle production [+]20223,509,072Vehicles / 1,000 people [+]2020352.81170.402015Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202216.9%12.7%2021Tax Revenue (%GDP) [+]Standard VAT [+]01/01/201016.00%7.00%01/01/2010Standard VAT [+]Top tax rate + SSC [+]202235.0%25.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]201945,024,4531,752,6452019Annual arrivals [+]Exports [+]2023€548,424.7M€14,531.4M2023Exports [+]Exports [+]2023$593,011.6M$15,712.8M2023Exports [+]Exports % GDP [+]202239.45%19.98%2022Exports % GDP [+]Imports [+]2023€574,749.3M€32,456.2M2023Imports [+]Imports [+]2023$621,476.4M$35,094.9M2023Imports [+]Imports % GDP [+]202242.76%38.25%2022Imports % GDP [+]Trade balance [+]2023€-26,324.6M€-17,924.8M2023Trade balance [+]Trade balance [+]2023$-28,464.8M$-19,382.1M2023Trade balance [+]Trade balance % GDP [+]2022-3.32%-18.27%2022Trade balance % GDP [+]Socio-DemographyGlobal AgeWatch Ranking [+]201533º20º2015Global AgeWatch Ranking [+]Density [+]202165582022Density [+]Global Peace Ranking [+]2023136º68º2023Global Peace Ranking [+]Remittance received ($M) [+]201730,600.0533.02017Remittance received ($M) [+]% Immigrant [+]20200.94%7.32%2020% Immigrant [+]% Emigrant [+]20208.75%3.26%2020% Emigrant [+]Birth Rate [+]202114.86‰17.69‰2021Birth Rate [+]Remittance sent ($M) [+]20172,749.4451.22017Remittance sent ($M) [+]Crude death rate [+]20219.41‰6.07‰2021Crude death rate [+]Fertility Rate [+]20211.822.332021Fertility Rate [+]Crude marriage rate [+]20202.63‰% risk of poverty [+]202236.3%21.8%2021% risk of poverty [+]Population [+]2021126,705,1384,395,0002022Population [+]Immigrant stock [+]20201,197,624313,1652020Immigrant stock [+]Emigrant stock [+]202011,185,737139,5202020Emigrant stock [+]HDI [+]20210.7580.8052021HDI [+]Gender Gap Ranking [+]202333º58º2023Gender Gap Ranking [+]Life expectancy [+]202170.2176.222021Life expectancy [+]Suicides [+]20207,8962162015Suicides [+]Suicide rate [+]20206.105.442015Suicide rate [+]Number of homicides [+]202233,2874992022Number of homicides [+]Rate Homicides per 100.000 [+]202226.1111.322022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20223.562.582022CO2 Tons per capita [+]Annual crude oil production [+]20231,936Crude Oil Reserves [+]20215,786.1Consumption GWh [+]2022296,96911,6082022Consumption GWh [+]Generation GWh [+]2022333,14013,3552022Generation GWh [+]OthersCOVID-19 - Deaths [+]04/14/2024335,0118,70304/14/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]04/14/20247,709,7471,044,31004/14/2024COVID-19 - Confirmed [+]Fully vaccinated [+]03/03/202381,849,9623,174,15505/12/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]04/14/20242,644.021,980.2004/14/2024COVID-19 - Deaths per million population [+]Doses administered [+]03/03/2023223,158,9938,893,00105/12/2023Doses administered [+]MexicoCountrySubcontinentContinentWorldCapital: Mexico CityPopulation: 126,705,138Surface Area: 1,964,375 km2Currency: Mexican pesos (1 EUR=18.3202 MXN)Religion: Mostly Christianity Belongs to: Pacific Alliance, G20, IMF, NAFTA, OAS, OECD, UNPanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,395,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICA Compare Afghanistan Mexico Compare Albania Mexico Compare Algeria Mexico Compare Andorra Mexico Compare Angola Mexico Compare Antigua and Barbuda Mexico Compare Argentina Mexico Compare Armenia Mexico Compare Australia Mexico Compare Austria Mexico Compare Azerbaijan Mexico Compare Bahamas Mexico Compare Bahrain Mexico Compare Bangladesh Mexico Compare Barbados Mexico Compare Belarus Mexico Compare Belgium Mexico Compare Belize Mexico Compare Benin Mexico Compare Bhutan Mexico Compare Bolivia Mexico Compare Bosnia and Herzegovina Mexico Compare Botswana Mexico Compare Brazil Mexico Compare Brunei Mexico Compare Bulgaria Mexico Compare Burkina Faso Mexico Compare Burundi Mexico Compare Cabo Verde Mexico 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Senegal Mexico Compare Serbia Mexico Compare Seychelles Mexico Compare Sierra Leone Mexico Compare Singapore Mexico Compare Slovakia Mexico Compare Slovenia Mexico Compare Solomon Islands Mexico Compare Somalia Mexico Compare South Africa Mexico Compare South Korea Mexico Compare South Sudan Mexico Compare Spain Mexico Compare Sri Lanka Mexico Compare State of Palestine Mexico Compare Sudan Mexico Compare Suriname Mexico Compare Sweden Mexico Compare Switzerland Mexico Compare Syria Mexico Compare Taiwan Mexico Compare Tajikistan Mexico Compare Tanzania Mexico Compare Thailand Mexico Compare The Gambia Mexico Compare Timor-Leste Mexico Compare Togo Mexico Compare Tonga Mexico Compare Trinidad and Tobago Mexico Compare Tunisia Mexico Compare Türkiye Mexico Compare Turkmenistan Mexico Compare Tuvalu Mexico Compare Uganda Mexico Compare Ukraine Mexico Compare United Arab Emirates Mexico Compare United Kingdom Mexico Compare United States Mexico Compare Uruguay Mexico Compare Uzbekistan 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