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 NamYemenZambiaZimbabweCompare Panama Armenia GouvernementAnnual GDP [+]2022€72,671M€18,451M2022Annual GDP [+]Annual GDP [+]2022$76,523M$19,503M2022Annual GDP [+]GDP per capita [+]2022€16,701€6,1982022GDP per capita [+]GDP per capita [+]2022$17,586$6,5512022GDP per capita [+]Debt (M.€.) [+]202131,4037,0562021Debt (M.€.) [+]Debt ($M) [+]202137,1668,3512021Debt ($M) [+]Debt (%GDP) [+]202158.43%60.25%2021Debt (%GDP) [+]Debt Per Capita [+]2021€7,217€2,5282021Debt Per Capita [+]Debt Per Capita [+]2021$8,541$2,9922021Debt Per Capita [+]Deficit (M.€) [+]2021-3,580-5372021Deficit (M.€) [+]Deficit ($M) [+]2021-4,237-6362021Deficit ($M) [+]Deficit (%GDP) [+]2021-6.66%-4.59%2021Deficit (%GDP) [+]Expenditure (M.€) [+]202113,343.23,361.62021Expenditure (M.€) [+]Expenditure ($M) [+]202115,792.03,978.52021Expenditure ($M) [+]Education Expenditure (M.€) [+]20201,847.4299.72020Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20202,108.4342.12020Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202111.97%8.28%2021Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20172,415.7140.12017Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20172,728.1158.22017Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]201720.08%5.27%2017Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20200520.02021Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20200615.42021Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%16.00%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202124.83%28.70%2021Expenditure (%GDP) [+]Expenditure Per Capita [+]2021€3,067€1,2042021Expenditure Per Capita [+]Expenditure Per Capita [+]2021$3,629$1,4252021Expenditure Per Capita [+]Education Expenditure P.C [+]2020€432€1012020Education Expenditure P.C [+]Education Expenditure P.C [+]2020$493$1152020Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2017€590€482017Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2017$666$542017Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0€1862021Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2020$0$2212021Defence Expenditure P.C. [+]Moody's Rating [+]10/25/2022Baa2Ba306/22/2023Moody's Rating [+]S&P Rating [+]08/11/2023BBBBB-08/25/2023S&P Rating [+]Fitch Rating [+]02/03/2021BBB-B+10/15/2020Fitch Rating [+]Corruption Index [+]202236462022Corruption Index [+]Competitiveness Ranking [+]201966º69º2019Competitiveness Ranking [+]Fragile States Index [+]201849.569.52018Fragile States Index [+]RTI Raking [+]09/28/201841º47º09/28/2018RTI Raking [+]Innovation Ranking [+]201870º68º2018Innovation Ranking [+]LabourUnemployment rate [+]2017Q14.6%10.0%2021Q4Unemployment rate [+]Unemployed [+]2017Q187K155K2021Q4Unemployed [+]NMW [+]2013$366.1$156.12022NMW [+]NMW [+]2013€277.4€125.32022NMW [+]Human Capital Ranking [+]201756º49º2017Human Capital Ranking [+]Markets417.400009/30/2023Euro / Dram [+]393.400009/30/2023US Dollar exchange rate [+]Stock ExchangeYTD % [+]11/18/20220%PricesCPI (overall index) [+]August 20232.2%7.2%March 2023CPI (overall index) [+]Money Market9.75%09/12/2023Key rates [+]BusinessDoing Business [+]202086º47º2020Doing Business [+]Passengers vehicles Year [+]December 201939,049970December 2019Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 201911.120.41December 2019Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2015170.40TaxesTax Revenue (%GDP) [+]202112.7%22.7%2021Tax Revenue (%GDP) [+]Standard VAT [+]01/01/20107.00%20.00%01/01/2006Standard VAT [+]Top tax rate + SSC [+]202025.0%23.0%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20191,752,6451,894,3772019Annual arrivals [+]Exports [+]2021€11,089.6M€2,555.6M2021Exports [+]Exports [+]2021$13,115.7M$3,022.5M2021Exports [+]Exports % GDP [+]202120.63%21.82%2021Exports % GDP [+]Imports [+]2021€17,337.7M€4,529.3M2021Imports [+]Imports [+]2021$20,505.3M$5,356.8M2021Imports [+]Imports % GDP [+]202132.26%38.67%2021Imports % GDP [+]Trade balance [+]2021€-6,248.1M€-1,973.7M2021Trade balance [+]Trade balance [+]2021$-7,389.6M$-2,334.3M2021Trade balance [+]Trade balance % GDP [+]2021-11.63%-16.85%2021Trade balance % GDP [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520º43º2015Global AgeWatch Ranking [+]Density [+]2021581002022Density [+]Global Peace Ranking [+]202261º83º2022Global Peace Ranking [+]1.10‰2020Crude divorce rate [+]Remittance received ($M) [+]2017533.01,539.02017Remittance received ($M) [+]% Immigrant [+]20207.32%6.42%2020% Immigrant [+]% Emigrant [+]20203.26%32.34%2020% Emigrant [+]Birth Rate [+]202117.69‰12.05‰2021Birth Rate [+]Remittance sent ($M) [+]2017451.2292.22017Remittance sent ($M) [+]Crude death rate [+]20216.07‰13.01‰2021Crude death rate [+]Fertility Rate [+]20212.331.582021Fertility Rate [+]4.11‰2020Crude marriage rate [+]% risk of poverty [+]201921.5%26.5%2021% risk of poverty [+]Population [+]20214,351,2672,977,1302022Population [+]Immigrant stock [+]2020313,165190,3492020Immigrant stock [+]Emigrant stock [+]2020139,520958,1902020Emigrant stock [+]HDI [+]20210.8050.7592021HDI [+]Gender Gap Ranking [+]202240º89º2022Gender Gap Ranking [+]Life expectancy [+]202176.2272.042021Life expectancy [+]Suicides [+]20152161622015Suicides [+]Suicide rate [+]20155.445.392015Suicide rate [+]Number of homicides [+]2021550612021Number of homicides [+]Rate Homicides per 100.000 [+]202112.642.192021Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20212.872.302021CO2 Tons per capita [+]Consumption GWh [+]20219,4896,1322021Consumption GWh [+]Generation GWh [+]202111,2037,3242021Generation GWh [+]OthersCOVID-19 - Deaths [+]09/27/20238,6528,75109/27/2023COVID-19 - Deaths [+]COVID-19 - Confirmed [+]09/27/20231,047,321449,52809/27/2023COVID-19 - Confirmed [+]Fully vaccinated [+]05/12/20233,174,155996,80406/04/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]09/27/20231,988.392,939.4109/27/2023COVID-19 - Deaths per million population [+]Doses administered [+]05/12/20238,893,0012,158,79606/04/2023Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,351,267Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICAArmeniaCountrySubcontinentContinentWorldCapital: YerevanPopulation: 2,977,130Surface Area: 29,740 km2Currency: Dram (1 EUR=417.4000 AMD)Religion: Mostly Christianity Belongs to: CIS, CoE, CTSO, EAEU, IMF, UN, OSCE Compare Afghanistan Panama Compare Albania Panama Compare Algeria Panama Compare Andorra Panama Compare Angola Panama Compare Antigua and Barbuda Panama Compare Argentina Panama Compare Armenia Panama Compare Australia Panama Compare Austria Panama Compare Azerbaijan Panama Compare Bahamas Panama Compare Bahrain Panama Compare Bangladesh Panama Compare Barbados Panama Compare Belarus Panama Compare Belgium Panama Compare Belize Panama Compare Benin Panama Compare Bhutan Panama Compare Bolivia Panama Compare Bosnia and Herzegovina Panama Compare Botswana Panama Compare Brazil Panama Compare Brunei Panama Compare Bulgaria Panama Compare Burkina Faso Panama Compare Burundi Panama Compare Cabo Verde Panama Compare Cambodia Panama Compare Cameroon Panama Compare Canada Panama Compare Central African Republic Panama Compare Chad Panama Compare Chile Panama Compare China Panama Compare Colombia 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