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 NamYemenZambiaZimbabweCompareHuman Development Index Panama vs Barbados comparison Panama Barbados GouvernementAnnual GDP [+]2023€77,113M€5,913M2023Annual GDP [+]Annual GDP [+]2023$83,382M$6,394M2023Annual GDP [+]GDP per capita [+]2023€17,546€21,0272023GDP per capita [+]GDP per capita [+]2023$18,972$22,7372023GDP per capita [+]Debt (M.€.) [+]202238,9766,9412022Debt (M.€.) [+]Debt ($M) [+]202241,0767,0472022Debt ($M) [+]Debt (%GDP) [+]202253.68%117.88%2022Debt (%GDP) [+]Debt Per Capita [+]2022€8,868€24,6852022Debt Per Capita [+]Debt Per Capita [+]2022$9,346$25,0622022Debt Per Capita [+]Deficit (M.€) [+]2022-2,852-1162022Deficit (M.€) [+]Deficit ($M) [+]2022-3,006-1892022Deficit ($M) [+]Deficit (%GDP) [+]2022-3.93%-3.16%2022Deficit (%GDP) [+]Expenditure (M.€) [+]202215,446.81,797.02022Expenditure (M.€) [+]Expenditure ($M) [+]202216,279.01,956.82022Expenditure ($M) [+]Education Expenditure (M.€) [+]20222,822.4303.12023Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,974.4327.72023Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202311.92%13.60%2023Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20212,892.7180.22021Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20213,421.2213.22021Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202121.66%12.42%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20200Defence Expenditure ($M) [+]20200Defence Expenditure (%Bud.) [+]20200%Expenditure (%GDP) [+]202221.27%32.74%2022Expenditure (%GDP) [+]Expenditure Per Capita [+]2022€3,515€6,3912022Expenditure Per Capita [+]Expenditure Per Capita [+]2022$3,704$6,9592022Expenditure Per Capita [+]Education Expenditure P.C [+]2022€642€1,0782023Education Expenditure P.C [+]Education Expenditure P.C [+]2022$677$1,1652023Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2021€665€6412021Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2021$786$7582021Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2020€0Defence Expenditure P.C. [+]2020$0Moody's Rating [+]10/31/2023Baa3B308/03/2023Moody's Rating [+]S&P Rating [+]11/07/2023BBBB-10/26/2023S&P Rating [+]Fitch Rating [+]02/03/2021BBB-Corruption Index [+]202236652022Corruption Index [+]Competitiveness Ranking [+]201966º77º2019Competitiveness Ranking [+]Fragile States Index [+]201849.548.22018Fragile States Index [+]RTI Raking [+]202241ºInnovation Ranking [+]201870º37º2015Innovation Ranking [+]LabourUnemployment rate [+]2017Q14.6%11.9%2015Q2Unemployment rate [+]Unemployed [+]2017Q187K17K2015Q2Unemployed [+]NMW [+]2022$461.7$736.72022NMW [+]NMW [+]2013€277.4Human Capital Ranking [+]201756º79º2017Human Capital Ranking [+]MarketsStock ExchangeYTD % [+]11/18/20220%PricesCPI (overall index) [+]July 20240.8%BusinessDoing Business [+]202086º128º2020Doing Business [+]Passengers vehicles Year [+]December 201939,049Annual Vehicles/ 1,000 p. [+]December 201911.12Vehicles / 1,000 people [+]2015170.40387.322015Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202112.7%31.9%2021Tax Revenue (%GDP) [+]Standard VAT [+]01/01/20107.00%17.50%01/01/2011Standard VAT [+]Top tax rate + SSC [+]202025.0%28.5%2020Top tax rate + SSC [+]TradeAnnual arrivals [+]20191,752,645680,0002018Annual arrivals [+]Exports [+]2023€14,531.4M€449.5M2023Exports [+]Exports [+]2023$15,712.8M$486.1M2023Exports [+]Exports % GDP [+]202318.84%7.60%2023Exports % GDP [+]Imports [+]2023€32,456.2M€1,934.9M2023Imports [+]Imports [+]2023$35,094.9M$2,092.2M2023Imports [+]Imports % GDP [+]202342.09%32.72%2023Imports % GDP [+]Trade balance [+]2023€-17,924.8M€-1,485.4M2023Trade balance [+]Trade balance [+]2023$-19,382.1M$-1,606.2M2023Trade balance [+]Trade balance % GDP [+]2023-23.24%-25.12%2023Trade balance % GDP [+]Socio-DemographyGlobal AgeWatch Ranking [+]201520ºDensity [+]2022586542021Density [+]Global Peace Ranking [+]202368º-1º2023Global Peace Ranking [+]Remittance received ($M) [+]2017533.0111.72017Remittance received ($M) [+]% Immigrant [+]20207.32%12.11%2020% Immigrant [+]% Emigrant [+]20203.26%34.59%2020% Emigrant [+]Birth Rate [+]202217.40‰10.78‰2022Birth Rate [+]Remittance sent ($M) [+]2017451.220.12017Remittance sent ($M) [+]Crude death rate [+]20225.90‰9.11‰2022Crude death rate [+]Fertility Rate [+]20222.301.632022Fertility Rate [+]% risk of poverty [+]202121.8%Population [+]20224,395,000281,2002021Population [+]Immigrant stock [+]2020313,16534,8692020Immigrant stock [+]Emigrant stock [+]2020139,52099,6112020Emigrant stock [+]HDI [+]20210.8050.7902021HDI [+]Gender Gap Ranking [+]202358º31º2023Gender Gap Ranking [+]Life expectancy [+]202276.8377.712022Life expectancy [+]Suicides [+]201521612015Suicides [+]Suicide rate [+]20155.440.422015Suicide rate [+]Number of homicides [+]2022499432022Number of homicides [+]Rate Homicides per 100.000 [+]202211.3215.272022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20222.582.342022CO2 Tons per capita [+]12023Annual crude oil production [+]2.02021Crude Oil Reserves [+]Consumption GWh [+]202211,6081,0202022Consumption GWh [+]Generation GWh [+]202213,3551,0862022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/20248,74859308/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/20241,044,821108,58208/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]05/12/20233,174,155155,04712/29/2023Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20241,990.442,108.8208/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]05/12/20238,893,001384,04912/29/2023Doses administered [+]PanamaCountrySubcontinentContinentWorldCapital: Panama CityPopulation: 4,395,000Surface Area: 75,320 km2Currency: BalboasReligion: Mostly Christianity Belongs to: IMF, OAS, UN, SICABarbadosCountrySubcontinentContinentWorldCapital: BridgetownPopulation: 281,200Surface Area: 430 km2Currency: Barbadian dollarsReligion: Mostly Christianity Belongs to: ACP, CARICOM, IMF, OAS, UN 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 Compare Costa Rica Panama Compare Côte d'Ivoire Panama Compare Croatia Panama Compare Cuba Panama Compare Cyprus Panama Compare Czechia Panama Compare Democratic Republic of the Congo Panama Compare Denmark Panama Compare Djibouti Panama Compare Dominica Panama Compare Dominican Republic Panama Compare Ecuador Panama Compare Egypt Panama Compare El Salvador Panama Compare Equatorial Guinea Panama Compare Eritrea Panama Compare Estonia Panama Compare Eswatini Panama Compare Ethiopia Panama Compare Euro zone Panama Compare Federated States of Micronesia Panama Compare Fiji Panama Compare Finland Panama Compare France Panama Compare Gabon Panama Compare Georgia Panama Compare Germany Panama Compare Ghana Panama Compare Greece Panama Compare Grenada Panama Compare Guatemala Panama Compare Guinea Panama Compare Guinea-Bissau Panama Compare Guyana Panama Compare Haiti Panama Compare Honduras Panama Compare Hong Kong Panama Compare Hungary Panama Compare Iceland Panama Compare India Panama Compare Indonesia Panama Compare Iran Panama Compare Iraq Panama Compare Ireland Panama Compare Israel Panama Compare Italy Panama Compare Jamaica Panama Compare Japan Panama Compare Jordan Panama Compare Kazakhstan Panama Compare Kenya Panama Compare Kiribati Panama Compare Kuwait Panama Compare Kyrgyzstan Panama Compare Laos Panama Compare Latvia Panama Compare Lebanon Panama Compare Lesotho Panama Compare Liberia Panama Compare Libya Panama Compare Liechtenstein Panama Compare Lithuania Panama Compare Luxembourg Panama Compare Madagascar Panama Compare Malawi Panama Compare Malaysia Panama Compare Maldives Panama Compare Mali Panama Compare Malta Panama Compare Marshall Islands Panama Compare Mauritania Panama Compare Mauritius Panama Compare Mexico Panama Compare Moldova Panama Compare Monaco Panama Compare Mongolia Panama Compare Montenegro Panama Compare Morocco Panama Compare Mozambique Panama Compare Myanmar Panama Compare Namibia Panama Compare Nauru Panama Compare Nepal Panama Compare Netherlands Panama Compare New Zealand Panama Compare Nicaragua Panama Compare Niger Panama Compare Nigeria Panama Compare North Korea Panama Compare North Macedonia Panama Compare Norway Panama Compare Oman Panama Compare Pakistan Panama Compare Palau Panama Compare Papua New Guinea Panama Compare Paraguay Panama Compare Peru Panama Compare Philippines Panama Compare Poland Panama Compare Portugal Panama Compare Qatar Panama Compare Republic of the Congo Panama Compare Romania Panama Compare Russia Panama Compare Rwanda Panama Compare Saint Kitts and Nevis Panama Compare Saint Lucia Panama Compare Saint Vincent and the Grenadines Panama Compare Samoa Panama Compare San Marino Panama Compare Sao Tome and Principe Panama Compare Saudi Arabia Panama Compare Senegal Panama Compare Serbia Panama Compare Seychelles Panama Compare Sierra Leone Panama Compare Singapore Panama Compare Slovakia Panama Compare Slovenia Panama Compare Solomon Islands Panama Compare Somalia Panama Compare South Africa Panama Compare South Korea Panama Compare South Sudan Panama Compare Spain Panama Compare Sri Lanka Panama Compare State of Palestine Panama Compare Sudan Panama Compare Suriname Panama Compare Sweden Panama Compare Switzerland Panama Compare Syria Panama Compare Taiwan Panama Compare Tajikistan Panama Compare Tanzania Panama Compare Thailand Panama Compare The Gambia Panama Compare Timor-Leste Panama Compare Togo Panama Compare Tonga Panama Compare Trinidad and Tobago Panama Compare Tunisia Panama Compare Türkiye Panama Compare Turkmenistan Panama Compare Tuvalu Panama Compare Uganda Panama Compare Ukraine Panama Compare United Arab Emirates Panama Compare United Kingdom Panama Compare United States Panama Compare Uruguay Panama Compare Uzbekistan Panama Compare Vanuatu Panama Compare Venezuela Panama Compare Viet Nam Panama Compare Yemen Panama Compare Zambia Panama Compare Zimbabwe Panama