Country comparison Montenegro vs Panama

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Gouvernement
GDP Growth (%) [+]20243.2%chart2.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,333K
Annual GDP [+]2024€7,645Mchart€79,963M2024Annual GDP [+]
Annual GDP [+]2024$8,272Mchart$86,524M2024Annual GDP [+]
GDP per capita [+]2024€12,260chart€17,7322024GDP per capita [+]
GDP per capita [+]2024$13,259chart$19,1872024GDP per capita [+]
Quarterly GDP [+]2025Q3€2,077M
Debt (M.€.) [+]20244,645chart45,8832024Debt (M.€.) [+]
Debt ($M) [+]20245,026chart49,6482024Debt ($M) [+]
Debt (%GDP) [+]202460.76%chart57.38%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€7,452chart€10,1612024Debt Per Capita [+]
Debt Per Capita [+]2024$8,063chart$10,9952024Debt Per Capita [+]
Deficit (M.€) [+]2024-215chart-5,9292024Deficit (M.€) [+]
Deficit ($M) [+]2024-233chart-6,4162024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.81%chart-7.42%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20243,324.0chart18,508.32024Expenditure (M.€) [+]
Expenditure ($M) [+]20243,596.6chart20,027.02024Expenditure ($M) [+]
1,915.82023Education Expenditure (M.€) [+]
2,059.82023Education Expenditure ($M) [+]
16.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023466.2chart3,290.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023504.1chart3,557.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.60%chart19.85%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024140.1chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024151.6chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.19%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202443.48%chart23.15%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,333chart€4,0992024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,770chart$4,4352024Expenditure Per Capita [+]
€4302023Education Expenditure P.C [+]
$4652023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€736chart€7382023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$796chart$7982023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€225chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$243chart$02020Defence Expenditure P.C. [+]
Moody's Rating [+]09/27/2024Ba3Baa311/29/2024Moody's Rating [+]
S&P Rating [+]08/30/2024B+BBB-11/26/2024S&P Rating [+]
BBB-02/03/2021Fitch Rating [+]
Corruption Index [+]202346chart352023Corruption Index [+]
Competitiveness Ranking [+]201973ºchart66º2019Competitiveness Ranking [+]
Fragile States Index [+]202456.9chart47.72024Fragile States Index [+]
RTI Raking [+]202461ºchart56º2024RTI Raking [+]
Innovation Ranking [+]202465ºchart82º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2023Q412.2%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2023Q439Kchart87K2017Q1Unemployed [+]
NMW [+]2025$759.7chart$482.22024NMW [+]
NMW [+]2025€670.0chart€436.42024NMW [+]
56º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/16/20260.8608
Stock ExchangeYTD % [+]01/16/2026-1.12%chart3.30%01/16/2026Stock ExchangeYTD % [+]
Prices
-0.4%August 2025CPI (overall index) [+]
HICP [+]November 20253.9%
PPI Year on Year [+]November 2025-0.5%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202050ºchart86º2020Doing Business [+]
IPI Year on Year [+]November 2025-17.6%
39,049December 2019Passengers vehicles Year [+]
11.12December 2019Annual Vehicles/ 1,000 p. [+]
170.402015Vehicles / 1,000 people [+]
Taxes
13.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart7.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,036,000chart1,488,0002022Annual arrivals [+]
Exports [+]2024€614.9Mchart€15,479.8M2023Exports [+]
Exports [+]2024$665.6Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]20248.04%chart19.98%2023Exports % GDP [+]
Imports [+]2024€4,068.0Mchart€31,706.8M2023Imports [+]
Imports [+]2024$4,403.1Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202453.21%chart40.92%2023Imports % GDP [+]
Trade balance [+]2024€-3,453.1Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2024$-3,737.6Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]2024-45.17%chart-20.94%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 2025-2.1%
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart20º2015Global AgeWatch Ranking [+]
Density [+]202445chart602024Density [+]
Global Peace Ranking [+]202435ºchart96º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰
Remittance received ($M) [+]2017426.3chart533.02017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart7.32%2020% Immigrant [+]
% Emigrant [+]202021.42%chart3.26%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart16.03‰2023Birth Rate [+]
Remittance sent ($M) [+]201775.6chart451.22017Remittance sent ($M) [+]
Crude death rate [+]202410.20‰chart4.77‰2023Crude death rate [+]
Fertility Rate [+]20231.76chart2.122023Fertility Rate [+]
Crude marriage rate [+]20215.20‰
% risk of poverty [+]202320.0%chart21.7%2023% risk of poverty [+]
Population [+]2024623,327chart4,515,5772024Population [+]
Immigrant stock [+]202070,999chart313,1652020Immigrant stock [+]
Emigrant stock [+]2020132,965chart139,5202020Emigrant stock [+]
HDI [+]20220.844chart0.8202022HDI [+]
Gender Gap Ranking [+]202467ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202377.60chart79.592023Life expectancy [+]
Suicides [+]201569chart2162015Suicides [+]
Suicide rate [+]201511.07chart5.442015Suicide rate [+]
Number of homicides [+]20235chart5222023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.79chart11.712023Rate Homicides per 100.000 [+]
Energy and Environment
3.292023CO2 Tons per capita [+]
Consumption GWh [+]20232,719chart11,7772023Consumption GWh [+]
Generation GWh [+]20234,187chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20252,654chart8,82912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025251,280chart1,045,65212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart3,178,70012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,257.80chart1,955.2312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart9,201,27612/29/2023Doses administered [+]
Montenegro
Panama