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 NamYemenZambiaZimbabweCompareTotal Fertility Rate Panama vs Azerbaijan comparison Panama Azerbaijan GouvernementAnnual GDP [+]2023€77,113M€66,873M2023Annual GDP [+]Annual GDP [+]2023$83,382M$72,356M2023Annual GDP [+]GDP per capita [+]2023€17,546€6,5692023GDP per capita [+]GDP per capita [+]2023$18,972$7,1072023GDP per capita [+]Debt (M.€.) [+]202238,97612,9552022Debt (M.€.) [+]Debt ($M) [+]202241,07613,6532022Debt ($M) [+]Debt (%GDP) [+]202253.68%17.34%2022Debt (%GDP) [+]Debt Per Capita [+]2022€8,868€1,2792022Debt Per Capita [+]Debt Per Capita [+]2022$9,346$1,3482022Debt Per Capita [+]Deficit (M.€) [+]2022-2,8524,4592022Deficit (M.€) [+]Deficit ($M) [+]2022-3,0064,6992022Deficit ($M) [+]Deficit (%GDP) [+]2022-3.93%5.97%2022Deficit (%GDP) [+]Expenditure (M.€) [+]202215,446.819,576.42022Expenditure (M.€) [+]Expenditure ($M) [+]202216,279.020,631.12022Expenditure ($M) [+]Education Expenditure (M.€) [+]20222,822.42,169.22022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,974.42,286.12022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202311.92%2.90%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20212,892.7687.22021Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20213,421.2812.02021Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202121.66%4.59%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]202003,395.72022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]202003,578.62022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%14.92%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202221.27%26.21%2022Expenditure (%GDP) [+]Expenditure Per Capita [+]2022€3,515€1,9332022Expenditure Per Capita [+]Expenditure Per Capita [+]2022$3,704$2,0372022Expenditure Per Capita [+]Education Expenditure P.C [+]2022€642€2142022Education Expenditure P.C [+]Education Expenditure P.C [+]2022$677$2252022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2021€665€672021Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2021$786$792021Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0€3342022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2020$0$3522022Defence Expenditure P.C. [+]Moody's Rating [+]10/31/2023Baa3Ba107/05/2024Moody's Rating [+]S&P Rating [+]11/07/2023BBBBB+01/22/2021S&P Rating [+]Fitch Rating [+]02/03/2021BBB-BB+04/10/2020Fitch Rating [+]Corruption Index [+]202236232022Corruption Index [+]Competitiveness Ranking [+]201966º58º2019Competitiveness Ranking [+]Fragile States Index [+]201849.574.62018Fragile States Index [+]RTI Raking [+]202241º20º2022RTI Raking [+]Innovation Ranking [+]201870º82º2018Innovation Ranking [+]LabourUnemployment rate [+]2017Q14.6%5.0%2016Q4Unemployment rate [+]Unemployed [+]2017Q187K253K2016Q4Unemployed [+]NMW [+]2022$461.7$176.52022NMW [+]NMW [+]2022€407.7€155.72022NMW [+]Human Capital Ranking [+]201756º54º2016Human Capital Ranking [+]Markets1.889609/06/2024Euro / Manat [+]1.700009/06/2024US Dollar exchange rate [+]Stock ExchangeYTD % [+]11/18/20220%PricesCPI (overall index) [+]July 20240.8%Money Market7.25%05/02/2024Key rates [+]BusinessDoing Business [+]202086º28º2020Doing Business [+]Passengers vehicles Year [+]December 201939,0496,046December 2019Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 201911.120.67December 2019Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2015170.40134.142015Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202112.7%Standard VAT [+]01/01/20107.00%Top tax rate + SSC [+]202025.0%TradeAnnual arrivals [+]20191,752,6452,863,5002019Annual arrivals [+]Exports [+]2023€14,531.4M€31,349.9M2023Exports [+]Exports [+]2023$15,712.8M$33,898.6M2023Exports [+]Exports % GDP [+]202318.84%46.88%2023Exports % GDP [+]Imports [+]2023€32,456.2M€15,985.7M2023Imports [+]Imports [+]2023$35,094.9M$17,285.3M2023Imports [+]Imports % GDP [+]202342.09%23.90%2023Imports % GDP [+]Trade balance [+]2023€-17,924.8M€15,364.2M2023Trade balance [+]Trade balance [+]2023$-19,382.1M$16,613.3M2023Trade balance [+]Trade balance % GDP [+]2023-23.24%22.98%2023Trade balance % GDP [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520ºDensity [+]2022581182023Density [+]Global Peace Ranking [+]202368º95º2023Global Peace Ranking [+]1.40‰2020Crude divorce rate [+]Remittance received ($M) [+]2017533.01,050.32017Remittance received ($M) [+]% Immigrant [+]20207.32%2.49%2020% Immigrant [+]% Emigrant [+]20203.26%11.50%2020% Emigrant [+]Birth Rate [+]202217.40‰11.10‰2023Birth Rate [+]Remittance sent ($M) [+]2017451.2285.02017Remittance sent ($M) [+]Crude death rate [+]20225.90‰5.90‰2023Crude death rate [+]Fertility Rate [+]20222.301.672022Fertility Rate [+]3.49‰2020Crude marriage rate [+]% risk of poverty [+]202121.8%6.0%2012% risk of poverty [+]Population [+]20224,395,00010,180,7702023Population [+]Immigrant stock [+]2020313,165252,2282020Immigrant stock [+]Emigrant stock [+]2020139,5201,163,9222020Emigrant stock [+]HDI [+]20210.8050.7452021HDI [+]Gender Gap Ranking [+]202358º97º2023Gender Gap Ranking [+]Life expectancy [+]202276.8373.492022Life expectancy [+]Suicides [+]20152163192015Suicides [+]Suicide rate [+]20155.443.282015Suicide rate [+]Number of homicides [+]20224992452022Number of homicides [+]Rate Homicides per 100.000 [+]202211.322.372022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20222.583.622022CO2 Tons per capita [+]6172023Annual crude oil production [+]7,000.02021Crude Oil Reserves [+]Consumption GWh [+]202211,60823,8272022Consumption GWh [+]Generation GWh [+]202213,35528,9382022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20248,74810,35308/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/20241,044,821835,75708/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]05/12/20233,174,1554,862,49408/28/2022Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20241,990.441,016.9208/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]05/12/20238,893,00113,857,11108/28/2022Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,395,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICAAzerbaijanCountrySubcontinentContinentWorldCapital: BakuPopulation: 10,180,770Surface Area: 86,600 km2Currency: Manat (1 EUR=1.8896 AZN)Religion: Mostly Islam Belongs to: CIS, CoE, ECO, 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 Panama Compare Comoros Panama 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